Whats the best way to account for capital expenditures on a 10 year pro forma? Also, how do you account for maintenance/repairs? I personally feel like %calculations can be rather inaccurate because the same buildin...
Hey all,I have a good sized portfolio, approx 300 units. I have W2 staff managing and maintaining the units.We have recently run into an issue where our P&L looks a bit rougher than it should. One main reason for ...
I'm a little confused about the terminology of what is a "Repair" vs. "Maintenance" vs. "Capital Expenditure". CapEx is the easiest to understand for me...big ticket items like roof, water heater, HVAC, new floors etc...
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...
Hello, all.I generally let my accountant do his thing, but I try to understand the ins and outs of taxes for my own benefit as well. I understand the concept of depreciation on a home over 27.5 years as an expense tha...
I am trying to understand why a calculation for capital expenditures would not be included as an expense in calculating the Net Operating Income for a property. I have been using a calculation of approximately $200/ m...
Hello everyone, What is the proper way to log this transaction? I am using TenantCloud to log income and expenses for my properties. TenantCloud does not link directly to my bank account like QuickBooks. I had excava...
For an older mobile home parks what are people typically using for the repair/cap ex per lot with no park owned homes? I read some older posts that mentioned $200 per lot. Geographically the park is located in the Sac...
For any members that invest in the state of Florida, when it comes to calculating capital expenditures (specifically a new roof and AC unit), how long do you estimate the lifespan of these items to be? If you go off s...
New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...