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re: How do people with mansions keep up their house?

Posted on 7/7/15 at 12:33 pm to
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57002 posts
Posted on 7/7/15 at 12:33 pm to
quote:

I think the 10% also includes property taxes. In some areas, property taxes are outrageous.


even with property tax, you probably arent approaching 5%
Posted by GeeOH
Louisiana
Member since Dec 2013
13376 posts
Posted on 7/7/15 at 2:40 pm to
quote:

even with property tax, you probably aren't approaching 5%


Huh? i would say absolutely a $1M home will spend over 5% on upkeep if the work is all done by outside workers.

Cleaning/maid
yard/landscaping
maintenance
pool costs--chemicals furnishings-repairs--cleaning
property taxes
electricity
gas
alarm

etc etc etc
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