All Topics / General Property / expenses % of rental
Hi
looking at some units some questions
1. what percentage of the rental should body corporate, agents commision,electricity, contents insurance – 39.96% too high? only other expenses building insurance and morgage payments
2. from feb-nov there is a select community rented to, currently 100% tenanted with a waiting list with supposedly more names than rooms avaiable nov to feb anyone can rent or stay
is this a problemany suggestions
Hi Breakingout,
percentages vary – because some agents take 5% and others 7% and there are other values aswell. electricity and costs also vary depending on the state and location and the energy company (ie. Origen) – they each have differing rates.
Hope this helps.
Kind Regards,
George.If You never never ask, you’ll never never know”
not fopund any that are the same, does vary
The only thing constant is change
The only difference between a weed and a flower is a judgement
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