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Updated over 4 years ago,
How much to calculate for repairs/cap ex when I do all the work
My husband and I own 5 properties (4 singles and 1 fourplex). We do most all of the labor ourselves. We're very handy! Does the 5% for repairs and 10% for cap ex include labor? I assume so. But if we do most of the labor, can I calculate a little lower for that number when running numbers for my next potential BRRRR?