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General Landlording & Rental Properties

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Stan K.
  • Investor
  • Seattle, WA
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73
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CapEx - Reactive or proactive?

Stan K.
  • Investor
  • Seattle, WA
Posted Jun 29 2016, 22:46

Just curious how everyone approaches CapEx. Do you take proactive actions or do you wait until signs of problems?

I have a few properties where roofs and furnaces are getting towards their end of life (17-19 years). They seem to be still functioning but I was wondering whether I should start replacing them or wait longer. I don't plan to sell these properties in the foreseeable future.

Any advice or general thoughts on the subject?

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