Cash Cap Ex reserves over multiple properties

[JP Garcia]

For those of you who have multiple properties, what is your cash reserve strategy? More specifically, does your cash strategy change as you acquire more and more? Hypothetical example - you have 2 properties that you picked up for 100K, and you decide that 10K per property is a good cash reserve. Now you have 20K in the bank. Fast forward - now you have 10 properties. Do you still keep the 10k per property, or at some point do you decide that 50k total cash reserve is good enough so you can redirect those funds into other deals. NOTE: 10k is a completely fabricated figure.