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Updated almost 13 years ago on . Most recent reply

John Pitkin's profile image
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John Pitkin
  • Real Estate Investor
  • Member since Aug 16, 2008
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John Pitkin's profile image
John Pitkin's profile image
John Pitkin
  • Real Estate Investor
  • Member since Aug 16, 2008
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John Pitkin
  • Real Estate Investor
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4
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Starting Out

Calculating reserves for repairs

John Pitkin
  • Real Estate Investor
Posted

Is anyone aware of a standard rule for estimating how much reserves to include in repair costs? It seems to me that the cost of replacing major items such as a roof or furnace should be included over the estimated remaining life of that item. Any thoughts?

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