Open books
Learn the numbers, so you can move them.
For everyone
Money in, money out, and what is left is profit. This building takes in about $27,780 a year in rent, roughly $2,315 a month. Almost all of it goes right back out.
So about $1.05 goes out for every $1.00 that comes in. The mortgage and taxes are fixed, nothing moves them. Repairs, late payments, and water are not. That is where everyone here makes the difference.
Everyone has a stake
When the building does better, you do better. Lower bills and fewer surprises pull that $1.05 back under a dollar, and both sides share in the win. Here is how each side moves it, and what you get for it.
For tenants
Your share of the win
Pay on time three months running and get $100 off your next month, repeatable every quarter. The same habits that help the building are the ones that build your own savings.
For contractors
Your share of the win
Beat the budget, split the savings 50/50. The quality bonus pays 30 days later with no callback. Every scorecard is public, and the best scores get first pick of the next job.