The Surprising Way Real Estate Bleeds Cash Monthly
Maintenance and Repair Expenses
One of the most significant ways real estate bleeds cash is through ongoing maintenance and unexpected repairs. Properties require regular upkeep to maintain their value and appeal. This includes everything from landscaping and pest control to plumbing and electrical work. According to the National Association of Home Builders, homeowners should budget 1% to 3% of their property’s value annually for maintenance costs1. For a $300,000 home, that could mean setting aside up to $9,000 each year.