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Updated over 10 years ago, 04/13/2014

Ming Lim's profile image
Ming Lim's profile image
Ming Lim
  • Investor
  • from Toronto, Ontario
  • Member since Mar 9, 2014
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User Stats

320
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125
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Ming Lim's profile image
Ming Lim's profile image
Ming Lim
  • Investor
  • from Toronto, Ontario
  • Member since Mar 9, 2014
Connect
Ming Lim
  • Investor
  • Toronto, Ontario
125
Votes |
320
Posts
Multi-Family and Apartment Investing

Reserve Fund Estimate?

Ming Lim
  • Investor
  • Toronto, Ontario
Posted

Hi BP!

I'm working on some calculations for an apartment building. 6 story, approx 30 units. For an SFR, I typically keep about 8-10% of the homes values as cash reserves. What rule do you use for a large multi family?

Ming

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