[viscanti]

Things like property taxes and maintenance are fixed costs for property owners. Those can eat up 50% or more of the rental income. So if renters aren't paying, even property owners who don't have a mortgage have high fixed costs that they have to pay.

[Ididntdothis]

The companies that are renting their space also have fixed costs.

[viscanti]

Generally their biggest fixed cost is rent, which most didn't pay.

[Ididntdothis]

That’s very doubtable. I would guess biggest cost is salaries.

[masnaox]

maintenance and tax would NEVER get close to 50pct of the rent, let alone more.

[viscanti]

You're entitled to your opinions. But the 50 percent rule is pretty established by real estate investors as a way to estimate those fixed costs.

https://www.biggerpockets.com/member-blogs/7172/46252-what-i...