Annual Rental Property Budget Interview
Build a realistic operating budget through guided questions.
The Open buttons send the prompt text as currently shown below to that site only when you click. Fill in the placeholders first.
Interview me to build an annual operating budget for my rental property. Ask one question at a time and wait for my answer. Cover, in this order: property basics (type, units, year built, location); mortgage and taxes; insurance; utilities I pay; maintenance history and big-ticket items nearing the end of life (roof, boiler, appliances); management fees; vacancy history; marketing costs; legal and accounting; and the reserve I want to hold. My starting facts: [PROPERTY_FACTS]. After the interview, produce: 1. A budget table: Category | Monthly | Annual | Basis for the estimate (actual, quote, rule of thumb) | Confidence (high, medium, low). 2. A replacement reserve schedule listing each major component, its age, and when it may need replacing. 3. A cash flow summary with vacancy scenarios of 0, 5, and 10 percent, showing the arithmetic. 4. The three assumptions that would hurt most if wrong. 5. The documents to collect (invoices, tax bills, quotes) to improve the estimate. Do not give tax advice; list questions for my accountant. General information to structure your work follows; it is not legal, tax, mortgage or investment advice. Run the output past a licensed real estate professional or lawyer who works in [JURISDICTION] first. Treat all figures as estimates and take tax questions to a qualified accountant.
Fill in before use
Optional: type your details and the prompt above updates. Nothing is saved or sent.
Replace each bracketed placeholder with your own details, then paste into Any AI or another assistant.