What are capital expenses in multifamily real estate investing?

Good question.

Capital expenditures, often called CapEx, are expenses made to maintain or improve on a multifamily community. There are a variety of expenses that would be categorized as CapEx. For example, if the GP you invest with pays to have a new HVAC system installed in one of the units this would be considered a CapEx expense.

Expenses the GP might pay such as water bill or electricity bill on the leasing office in the community is not a CapEx expense. But if the roof needed to be replaced on the leasing office, then this would be a CapEx expense.

Unlike recurring expenses that are for things like water or lights or security, that would be shown on a profit and loss statement, capital expenses are capitalized on the balance sheet not shown on monthly or annual income statements.

If you would like to learn more about multifamily investing and also to meet other multifamily investors, you should go to www.benjaminzmiller.com and register for the free weekly training.

One of the best ways to meet other multifamily investors to network with is to attend the Sunday meetings of Benjamin Z Miller’s investor networking group.

This group I created for new and experienced investors to network. Once you attend one of the meetings you will receive a Google Sheets document with the phone and email of the other investors that attended.

From there you can reach out to numerous multifamily investors. I also am good friends with some of the best well known multifamily investors so if you need an introduction to a particular investor in some cases I can help you.

Before you do any investing you should invest more time and money in your financial and legal education. I offer education and training to landlords, engineers, doctors and dentists, and many others that would like to learn how to enjoy the benefits of multifamily as quickly as possible. If that sounds interesting contact my office by going to www.benjaminzmiller.com and fill out the contact form.

You also can register at meetup.com at the link below:

https://www.meetup.com/benjamin-z-millers-investor-networking-group/

I hope that helps and good luck with your investing!

Benjamin Z Miller
www.benjaminzmiller.com
1-817-203-4160
ben@benjaminzmiller.com
https://www.linkedin.com/in/benmillersells/
https://twitter.com/BenjaminZMiller