You may think you’re an P&L rockstar for saving $53/year on your STR op-ex.

One is a FSBO SFR I am looking to buy for $30K and the other is a 12 unit Multi-Family from an associate of mine.The NOI calc I am using on both has the following:Monthly Mortgage Payment TaxesInsuranceManagement Fee (10%)Maintenance Cap-Ex Escrow (3.5%)Vacancy allowance (8.125 %)Utilities (Water and Garbage paid on the MF)After all my expenses my cash flow per month on the MF is $1,500 and the SFR is $220.

Curious - How do you feel about future Cap Ex expenditures that @Ben Leybovich mentioned in his recent blog post?

Find the deals and put them together. start telling people you are a real estate investor and they will tell you about there wife's sister's ex husband in-law has a place for sell. look on Zillow, Realtor.com, Craig's list, and other web sites where properties are sold. example (I tell everyone that I am a real estate investor and I use every possible website that I can)5.

Now we've added to our overall debt by my financing the Rich Dad Coaching program on my Am EX card and it is severely impacting our month to month living expenses that already were stretched to thelimit.I'll close by saying I appreciate your efforts albeit they were not effective in getting me to where I wanted to be at this time.

You need to get your hands dirty & price each little job/material out yourself (ex. the windows- yes it will take time).

Meaning it would be nice to be able to enter which month you are in with your mortgage (Ex: Month 4 of 360) and have the spreadsheet update every month to update your remaining balance owed and any potential changes in equity.

My blogging is 90% personal but based on business (ex: giving my personal outlook on the business I'm doing), if that makes sense...

Accounting question....would a new appliance for one of my rentals be considered a maintenance expense or cap ex for accounting purposes?

Ex: Annual insurance bill of $1000, should be amortized $1000/12 months = $83.33/month - add this to your monthly "Total Operating Expenses " lineFor reserves, it's a similar premise.