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Updated over 6 years ago,

User Stats

251
Posts
124
Votes
Ayne C.
Pro Member
  • Rental Property Investor
  • Tampa, FL
124
Votes |
251
Posts

Cap ex and repair reserves on a duplex

Ayne C.
Pro Member
  • Rental Property Investor
  • Tampa, FL
Posted
I'm under contract on my first multi (yay!!) and I'm setting up my accounting. Is there a number you like to set aside as cash reserves for cap ex and repairs? Is there a number per property you like to leave in the bank for this? Or do you truly collect 10%, 5%, etc, of rents?
  • Ayne C.
  • Loading replies...