From: Asy .
Hi all,
Here's a question for you about maintenance of a property.
Assuming there are no major works required, how much do you factor in as the 'maintenance allowance' of a property?
I have heard people say that it should be a % of the property value, and others say that they allow a fixed $ sum per property per year.
Obviously some years this will remain unused, and some years it will blow out, with repair or replacement of appliances.
I was just wondering if anyone has a formula, or what peoples thoughts were on the matter.
asy
There are no problems, only solutions which have not yet been discovered.
Hi all,
Here's a question for you about maintenance of a property.
Assuming there are no major works required, how much do you factor in as the 'maintenance allowance' of a property?
I have heard people say that it should be a % of the property value, and others say that they allow a fixed $ sum per property per year.
Obviously some years this will remain unused, and some years it will blow out, with repair or replacement of appliances.
I was just wondering if anyone has a formula, or what peoples thoughts were on the matter.
asy
There are no problems, only solutions which have not yet been discovered.
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