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Updated over 4 years ago on . Most recent reply

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446
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Kyle Spearin
  • Real Estate Agent
  • Boston, MA
214
Votes |
446
Posts

Budgeting for capex and repairs

Kyle Spearin
  • Real Estate Agent
  • Boston, MA
Posted

Does anyone have a set of criteria for how to determine how much to set aside for capex and repairs? I know it's generally 5-15% of the rent in each instance, but assuming a newer home needs less and an older needs more. Any rules of them that you follow?

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