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Updated over 6 years ago on . Most recent reply

User Stats

13
Posts
8
Votes
Mark Greathouse
  • Investor
  • Bay Village, OH
8
Votes |
13
Posts

Cap Ex and other Expenses

Mark Greathouse
  • Investor
  • Bay Village, OH
Posted

When getting your first deal (lets call is a BRRRR). When should you start putting money away for the CAP EX and other expenditures? It seems like it is a dedication from rental cost, but what if reno's are taking longer than expected and things like taxes are building up? Close to my first deal and want to get an idea before I take a loan to cover Reno's and other expenses.

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