Capitalizing Your Business

[Matthew Horstmyer]

I was listening to the Money Podcast, Finance-Friday edition earlier this week. @ScottTrench mentioned having adequate amounts in reserve for a rental property. I close on my first property on Wednesday the 17th. The SFR was built in 2018. Everything is in exceptional condition.

So my question to the BP Community is this, how much money would you have in reserves for a given property? I don’t want to have too much sitting there taking away from the next investment opportunity. As always any insight is much appreciated.