The Number One Underwriting Mistake

On today’s show we are talking about one of the most overlooked line items in a property budget. This is the dreaded repairs and maintenance line.

Operating budgets make reasonable assumptions about the natural timeframe for equipment replacement, and the lifetime for windows, roofs, caulking, and so on.

Where it gets difficult is when big ticket items hit all at once due to supposed one-time events.

It seems like no property owner is immune.

----------

Host: Victor Menasce

email: [email protected]