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Updated over 10 years ago on . Most recent reply

User Stats

172
Posts
66
Votes
Nathan Patterson
  • New to Real Estate
  • Castle Rock, CO
66
Votes |
172
Posts

Amount to keep in reserves after first purchase

Nathan Patterson
  • New to Real Estate
  • Castle Rock, CO
Posted

I'll keep this short and sweet.  I've done some research but the ones I found were a little dated.  My question is how much money did you(should you) have in savings after purchasing your first buy and hold rental?  Does it depend on the individual and comfort zone or is it set number such as enough to cover one major repair etc.  

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