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Updated over 16 years ago, 06/27/2008

Dan Demers's profile image
Dan Demers's profile image
Dan Demers
  • Real Estate Investor
  • from Norton, Massachusetts
  • Member since Jun 18, 2008
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0
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Dan Demers's profile image
Dan Demers's profile image
Dan Demers
  • Real Estate Investor
  • from Norton, Massachusetts
  • Member since Jun 18, 2008
Connect
Dan Demers
  • Real Estate Investor
  • Norton, MA
0
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28
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General Landlording & Rental Properties

Allowance for Repairs

Dan Demers
  • Real Estate Investor
  • Norton, MA
Posted

When calculating your NOI, what kind of allowance to you take out each month for long-term repairs? I assume you would want to take a portion out each month to save for when you need a new roof, or for something unexpected.

Also, if you do save this extra portion, where do you invest it so that it is liquid, but gives a decent return?

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