The following is a guest post in our GBTA Ladders Blog Series. The GBTA Ladders program is a unique mentor program designed to help develop the passion and skills of business travel professionals enabling them to help solve the major challenges facing business travel.
Jarred and brined nonpareil capers, which cost about $2.00 for the same amount, are fine and you can look for either a good house brand, e.g., Whole Foods, or a quality brand like Roland, which specializes in fine imported food products. An 8 oz. jar of caper berries will cost about $5.00.
While there is no rock-solid number, I tend to estimate between 5-7% of the gross rent. In other words, if I were looking at a six-unit property that rented for a total of $2400 per month, I would set aside between $120 and $168 per month for CapEx. This works out to between $240 and $336 per unit per year.