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Updated over 8 years ago,
How to get CapEx % with a newly renovated unit
I purchased a condo that was newly renovated including walls, floors, appliances, counters, and furniture. I have mostly been renting short-term (less than a week) and just recently had someone sign a 5-month lease. I suspect that carpet will be the main item that will have to be replaced most often since it is a ski rental. How do I get a good CapEx number knowing that I won't have to worry about many large expenses for a couple of years?