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Updated over 16 years ago on . Most recent reply

Allowance for Repairs
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?