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Updated almost 4 years ago on . Most recent reply

Daniel Vishnefski's profile image
Daniel Vishnefski's profile image
Daniel Vishnefski
  • Member since May 5, 2021
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Daniel Vishnefski's profile image
Daniel Vishnefski's profile image
Daniel Vishnefski
  • Member since May 5, 2021
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Daniel Vishnefski
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Buying & Selling Real Estate

How much do you take monthly from rent?

Daniel Vishnefski
Posted

What is a good rule of thumb for putting money in your pocket/ to RE invest etc vs leaving in account for maintenance etc? Say you gross $1500/month in rent and after all bills are paid every month you are left with $1000 net profit. What percentage should you take vs leave in account for maintenance and repairs?

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