Umm costs are through the roof. Anything from a 2x4 that
Posted on: October 30, 2020 at 17:17:06 CT
TigerFan92 STL
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used to be $2 is not $7, Doors, carpet, & remodeling x2$ (for repairs)to finding replacement appliances are 9 month delivery and double their normal cost.
This doesn't include
HVAC systems up 50%
Trades up dramatically - electrical, plumbing etc.
Insurance for some neighborhoods up 300%
Damage done by former tenants or riots
Neighborhood association fees up 20%+ due to same above issues
taxes up as assessments are ridiculous.
Missed payments that the government allowed for 6 months plus. (do you have 6 month rent laying around x-however many units you might own?)
Costs go up for landlords tremendously. There are real estate companies gouging somewhat but most are individually owned and have real expenses.
Edited by TigerFan92 at 17:18:30 on 10/30/20