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Updated over 14 years ago,

Daniel Yoo's profile image
Daniel Yoo's profile image
Daniel Yoo
  • Member since Aug 20, 2009
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204
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23
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Daniel Yoo's profile image
Daniel Yoo's profile image
Daniel Yoo
  • Member since Aug 20, 2009
Connect
Daniel Yoo
23
Votes |
204
Posts
Commercial Real Estate Investing

Apartment Property - Reserve Expense/Account?

Daniel Yoo
Posted

I'm doing my due diligence on a 100+ unit apartment that I will be purchasing.

Wanted to ask other BP's who own 100+ apartments. Do you keep a reserve fund/expense account on your books? If so, how much is it, do you keep it at a fixed percent or dollar amount?

Thanks.

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