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Updated over 4 years ago on . Most recent reply

User Stats

11
Posts
7
Votes
Stephen A. Pope
  • Rental Property Investor
  • Lewis Center, OH
7
Votes |
11
Posts

Reserves per property

Stephen A. Pope
  • Rental Property Investor
  • Lewis Center, OH
Posted

Hey guys! Just curious what formula, if any people use, when calculating how much to have in reserves per property.

Most Popular Reply

User Stats

380
Posts
586
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Tanvir Sattar
  • Rental Property Investor
  • Cincinnati, OH
586
Votes |
380
Posts
Tanvir Sattar
  • Rental Property Investor
  • Cincinnati, OH
Replied

@Stephen A. Pope the rule of thumb is six months. I know that might seem like a lot and many investors get by with just a few months. It also depends on the property. If it is a new build that is rented 6 months of reserves might be overkill, but if it is an older property with older fixtures six months makes a lot of sense. 

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