🎧 Secrets of Capital Expenses

New To Podcast This Week - Over 196,000 Total Downloads*

Learn the secrets of rental property maintenance and capital expenses

This class is Module 32 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What’s the difference between capital expenses and maintenance on a rental property?

• What do I need to do to have my rental property business be a “qualified business” to get the tax advantages from the IRS?

• A downloadable log to keep the required contemporaneous records for qualified rental property businesses

• Examples of traditional maintenance versus capital expenses on a rental property

• How to account for maintenance and capital expenses when analyzing deals (including a spreadsheet for analyzing deals that models both for you)

• Are paint and carpet considered maintenance or capital improvement?

• How to determine what maintenance percentage to use when analyzing deals with detailed example

• How the price of the property, rent and ultimately Gross Operating Income impacts your maintenance percentage

• The danger of low-priced rental properties in relation to maintenance and capital expenses

• How to completely due diligence for maintenance and capital expenses on your rental properties

• Your 3 options regarding maintenance and capital expenses... and why #1 is not a good strategy

• Using the BASIC version of “Maintenance and CapEx Estimator for Rental Properties”

• What are the shortcomings of using the BASIC version of “Maintenance and CapEx Estimator for Rental Properties” and how do we overcome them?

• Using the ADVANCED version of “Maintenance and CapEx Estimator for Rental Properties”

• Where to enter the output of the “Maintenance and CapEx Estimator for Rental Properties” into your deal analysis spreadssheet

• Why should you consider setting aside money at the start for known upcoming maintenance or capital expenses?

• Where do maintenance and capital expenses show up in our returns? And, why that’s not everything.

• Comparing buying a new construction property to a resale property in terms of maintenance and capital expenses

• As home price and rents decline, what tends to happen to maintenance and capital expenses?

• Rental property portfolio planning with capital expenses in mind

• Timing maintenance and capital expenses: two strategies explored

• Alternatives to saving for maintenance and capital expenses

• One way to get lucky with certain capital expenses and what to do if you end up being lucky

• A simple tool... properly timed and deployed... that could ultimately save you thousands of dollars on your maintenance and capital expenses

• Plus much more...

How to Access in 3 Easy Steps

1. Click here to select your city from the list

2. Click on the PODCAST button next to your city.

3. Select your preferred podcast player (Apple, Spotify, etc) and subscribe for free.

Enjoy!

Love,

James Orr

*As of April 24, the total number of downloads across all Real Estate Financial Planner™ city-specific real estate investing podcasts for all episodes over all-time is over 196,866.