Hello everyone,
I'm about to decide on a duplex for me and my sister and I'm a little worried that we'll have hard time getting by if there will be maintenance surprises so I'm trying to figure out the maintenance costs of owning a duplex here in Wisconsin.
It'll be great if anyone who ever owned a duplex for a long period of time can sum up every thing they had spend as a landlord/owner over the years (from replacing a roof every x number of years to changing the carpet, appliances, property tax, different types of insurances, and basically all the things I don't think of as I never owned anything ever). And keep in mind that we're not too handy but can hire experienced maintenance people we trust for 40-50$ per hour.
I'm about to decide on a duplex for me and my sister and I'm a little worried that we'll have hard time getting by if there will be maintenance surprises so I'm trying to figure out the maintenance costs of owning a duplex here in Wisconsin.
It'll be great if anyone who ever owned a duplex for a long period of time can sum up every thing they had spend as a landlord/owner over the years (from replacing a roof every x number of years to changing the carpet, appliances, property tax, different types of insurances, and basically all the things I don't think of as I never owned anything ever). And keep in mind that we're not too handy but can hire experienced maintenance people we trust for 40-50$ per hour.