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Updated almost 9 years ago, 01/12/2016

Hunter Estess's profile image
Hunter Estess's profile image
Hunter Estess
  • Investor
  • from New Orleans, Louisiana
  • Member since Aug 11, 2015
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43
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2
Votes
Hunter Estess's profile image
Hunter Estess's profile image
Hunter Estess
  • Investor
  • from New Orleans, Louisiana
  • Member since Aug 11, 2015
Connect
Hunter Estess
  • Investor
  • New Orleans, LA
2
Votes |
43
Posts
General Real Estate Investing

Cash Reserves

Hunter Estess
  • Investor
  • New Orleans, LA
Posted
Can y'all tell me what the typical amount of cash reserves are needed to keep for random capital expenditures? Is it based on gross rent? I know older Units will require more yearly maintenance. Is there a formula for this?
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