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Updated over 6 years ago on . Most recent reply

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Steve Meyers
  • Rental Property Investor
  • Belleville, IL
0
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18
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CapEx, Maintenance, and Vacancy

Steve Meyers
  • Rental Property Investor
  • Belleville, IL
Posted

Should I be tracking CapEx savings, maintenance, and vacancy set asides individually you property or can the all be lumped together as long as I set it aside each month?

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60
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Justin Larese
  • Crane Missouri
34
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60
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Justin Larese
  • Crane Missouri
Replied

separate them. You want to be able to track where your expenses are coming from when reviewing your property. Then you can also look at what your property needs focused on to help minimize the expense. If it's vacancy then you know you need to tweak how your renting to lessen its negative impact etc.

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