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Updated about 5 years ago,

Shawn Skaggs's profile image
Shawn Skaggs's profile image
Shawn Skaggs
  • Investor
  • from Tuttle, OK
  • Member since Sep 17, 2019
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User Stats

40
Posts
20
Votes
Shawn Skaggs's profile image
Shawn Skaggs's profile image
Shawn Skaggs
  • Investor
  • from Tuttle, OK
  • Member since Sep 17, 2019
Connect
Shawn Skaggs
  • Investor
  • Tuttle, OK
20
Votes |
40
Posts
General Real Estate Investing

Realistic Reserves for Rentals in Oklahoma

Shawn Skaggs
  • Investor
  • Tuttle, OK
Posted

I’m trying to get started investing in rentals in the Oklahoma City area. My question is about realistic reserves when figuring deals. I’ve been using the numbers discussed in a bigger pockets webinar that I attended. However, as I’ve looked at other deals posted in the forums it looks like my reserves are higher than theirs. What are realistic reserves for vacancy, repairs, and capital expenses?

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