Definition
What is CapEx vs OpEx maintenance?
Operating expense (OpEx) covers routine repairs and turns paid from the property's operating budget. Capital expenditure (CapEx) covers major replacements such as a full re-roof or a building-wide HVAC replacement, budgeted and approved by ownership. Vendors support CapEx with scoped proposals ownership can approve.
How L&J handles it: Multifamily Roofing Contractor in Atlanta