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Updated over 12 years ago on . Most recent reply

User Stats

19
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7
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Doug French
  • Developer
  • College Station, TX
7
Votes |
19
Posts

How much cash do you keep on hand?

Doug French
  • Developer
  • College Station, TX
Posted

How much cash do you keep on hand per property? I am involved with a risky family business, and consider my side REI as less risky...so I tend to be more conservative with my rentals. have kept a small reserve for rainy days, but wanted to see others thoughts...

Thanks!

Most Popular Reply

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22,059
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14,127
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
14,127
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22,059
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Banks want six months PITI, so that seems like a good guideline.

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