We've cut way back on expenditures and are making it.

If they are short term owners and have performed some CAPEX in order to raise rents there are also a number of capital expenditures that they could have saved on which do not increase rents such as; mechanicals, roofs etc. 

I believe I factored 5% for vacancy, 7% for cap expenditures, 10% for maintenance, management fee 10%, 30 year loan at 4%.

Hey BP quick question,When setting aside money for capital expenditures, how much would you vary based on age of certain expenditures?

Most of the money went into cap expenditures, so I should need to set less aside for a couple years

Your bid should be based on a projected return which takes into consideration expenditures.

Calculating the monthly expenses for a property, even Captial Expenditures, does seem daunting but at least very straightforward.

Curious, are there any large projects currently going on in Cincy that will shape real estate investments (I.e. highway expansions, water pipe improvements, entertainment improvements)? If you know, where can I find t...

Similarly, a capital expenditure is much easier to pay for without tapping reserves (or much faster to replace the reserves you tapped) if you have significant cash flow from your rentals than if your NOI is mostly going to cover debt service.

Never go into any major purchase (whether its real estate or any other major expenditure) without getting educated on the subject.