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Updated over 8 years ago,
CapEx - Reactive or proactive?
Just curious how everyone approaches CapEx. Do you take proactive actions or do you wait until signs of problems?
I have a few properties where roofs and furnaces are getting towards their end of life (17-19 years). They seem to be still functioning but I was wondering whether I should start replacing them or wait longer. I don't plan to sell these properties in the foreseeable future.
Any advice or general thoughts on the subject?