Question - Re-roof or Maintain & respray. (100sqm roof)
I have a property where the maintenance schedule is behind, roof is needing work and also a repaint on exterior.
Repaint is not so much an issue as I have an airless spayer and will do the prep myself, potentially saying us 10-15k. The roof however is another story, some leakage has started to appear in one of the units, and water is starting to seep in, I have 2 options, repair the leaks and prime & respray the roof or replace it fully.
Have been quoted $3200 to repair and respray and 8K to replace whole roof. 1st option is less but may cost over the long run once roof needs to be replaced eventually.
Not wanting to spend 8k atm but may be the most cost effective thing to do. Property is cashflow positive and has good cashflow but maintenance on this property is starting to build.
Any advice on this one as I'm in 2 minds.
FH
I have a property where the maintenance schedule is behind, roof is needing work and also a repaint on exterior.
Repaint is not so much an issue as I have an airless spayer and will do the prep myself, potentially saying us 10-15k. The roof however is another story, some leakage has started to appear in one of the units, and water is starting to seep in, I have 2 options, repair the leaks and prime & respray the roof or replace it fully.
Have been quoted $3200 to repair and respray and 8K to replace whole roof. 1st option is less but may cost over the long run once roof needs to be replaced eventually.
Not wanting to spend 8k atm but may be the most cost effective thing to do. Property is cashflow positive and has good cashflow but maintenance on this property is starting to build.
Any advice on this one as I'm in 2 minds.
FH
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