Sentences with phrase «unit turnover costs»

Assuming you've owned them for more than a couple of years you probably have a decent grasp the cadence of that market, what unit turnover costs, etc..

Not exact matches

The first board elected by the unit owners after turnover by the developer should be carefully reviewing the corporation's declaration and any cost sharing agreements with other condominiums or property owners (or instructing the corporation's legal counsel to carry out the review) in order to determine the corporation's rights and responsibilities.

I tend to buy newer units, have fewer expenses (repairs, replacements, etc), lower insurance costs, and lower turnover.

I think percentages might work better for real estate participants in different parts of the country because the maintenance and repair costs in Boston at 2 % of effective gross income for the building that I'm marketing equals $ 427 per unit and that seems very low; and that $ 427 number does not include turnover services which I think you mean to equal broker's fees.

It's a safe assumption these costs will increase if you'll be vacating the units to make repairs, increasing turnover.