Capital expenditures include material and labor, but does not include your own labor.

Your investment journey can be expedited and living expenditures can be compensated by generating rental income from the purchase of a great home in a prime location close to necessary facilities.

Don’t put every spare dollar you have in real estate and always leave some aside for capital expenditures.

However, one thing that did stick out to me was the lack of accounting for Capital Expenditures.

@Kristen Descant HVAC replacements are Capital Expenditures.

The new investment earns $24,000 a year, but the cost of the mortgage + the equity loan will be $22,332—and that’s before you account for taxes, insurance, maintenance, capital expenditures, vacancies, etc.

Trouble is, NOI doesn't factor in capital expenditures.

@Michael McVety we have maintenance logs but will add CapEx expenditure too.

Financial InformationWhat is the estimated amount for capital expenditures?

If I need to redo something down the line 10-20 years that is also expected and I will have capital expenditures built up by then.