Capex is easier defined as most major components have an average life span.

Upon taking down drywall we found a lot of water damage and many framing issues that are against current code standards - headers and floor joists had to be replaced, the back of the house had to be jacked up 2 inches across a 40 yard span.

Upon taking down drywall we found a lot of water damage and many framing issues that are against current code standards - headers and floor joists had to be replaced, the back of the house had to be jacked up 2 inches across a 40 yard span.

I am going to tell you a little secret from a man who's been in the game since the 1970s and who's built a nice portfolio spanning six States.

My capex budget includes but is not limited to: roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, kitchen and bath remodel 20 year life span etc.

Dora over to Sanford/Lake Mary which traverses some ecologically fragile lands with very well thought out design (elevated sections for wildlife underpasses, a lengthy span over the Wekiva River to have no pilings in the water at all, etc).  

A capex budget needs to include but not limited to: roof 25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life span.

She says they’re like cars and have a short life span and lose all value very quickly.

Your projecting the life span of those products over there expected lifespan.  

My capex budget includes but not limited to: roof  25 year life span, floors 10 year life span, appliances and hot water heater 12 year life span, hvac  20 year life span, bath and kitchen remodel 20 year life span, etc.