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Poll: How much to allocate for capex - SFR's
Hello BP community,
How much do you allocate monthly for capex (capital expenditures) for single family homes.
I need to know how much to allocate on average for a portfolio of SFR's that was built after 1970.
Thanks!
Most Popular Reply
For blind/napkin calculations, I use 12-15% (rents are lower in my area than many, and a roof costs about the same.)
Being as accurate as possible is better, and there are some great strategies here for how to do that based on all the factors.