Search results

At only 4.8% gross, tenant turnover may hurt more than any single routine bill. A five-bed can mean higher redecorating, cleaning and repair costs between tenancies, plus lost rent while it is prepared and marketed again. I’d stress-test one unusually expensive turnover rather than rely only on...

I’m not convinced the condo is automatically the safer-cost option. Shared management reduces your workload, but it also reduces your control over the timing and specification of work. A reserve can help without eliminating a large additional demand. With the house, some non-urgent jobs may be...