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In this episode, we dive deep into Capital Expenditures (CapEx) assumptions for property underwriting. You'll learn what CapEx is and how it differs from repairs and maintenance. We discuss three methods to calculate CapEx: using one month's rent, using 10-15% of your income, and creating a lifecycle cost analysis spreadsheet. The host also shares tips on financing upfront repairs to manage costs and ensure long-term savings. Don't miss the valuable action plan provided at the end to help you accurately reflect CapEx in your property analysis.

00:00 Introduction to Capital Expenditures (CapEx)

00:10 Understanding CapEx and Its Importance

00:52 Calculating CapEx: Three Methods

01:17 Pro Tips for Managing CapEx

02:01 Building Your Own CapEx Spreadsheet

02:39 Final Thoughts and Action Plan

To help you get started grab our remote rental ecourse at theWealthElevator.com/firstdeal. The preceding is not tax, legal, or investment advice, nor an offer to sell securities or investment products. Always make informed decisions with professional guidance.

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