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Updated almost 9 years ago,
Most common causes of failures
I would like to find out more about why your previous real estate investment businesses have failed in buy and hold (rent) - whether it is not enough reserves, over leveraging, etc.
In case of the reserves - is 5-10% of annual rent enough for vacation allowance?
What is the safe amount of reserves for maintenance?
Any other reserves I am missing?
Thanks in advance,
Andrey