Learn the secrets of real estate maintenance and capital expenses Jersey City.

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...

Check out the video and additional resources related to Secrets of Capital Expenses.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Jersey City real estate investor podcast? Book a free consultation to discuss.