Budgeting SFR: The Most Overlooked & Under-Budgeted Items
05 Dec 2024
Session
- Per unit operating costs: What is the real inflation you are expecting?
- How much in rent increases are you budgeting? Tenant renewals?
- What are you monitoring the most on the construction/rehab side?
- Where did the budget blow through your expectations last year?
- Budgeting for vacancy and turnover costs as you raise rent
- CapEx: When to spend and when to defer
- Operational expenses: Where are you budgeting the greatest increases?