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Updated almost 10 years ago on . Most recent reply

Daniel Levine's profile image
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Daniel Levine
  • Investor
  • from Conifer, Colorado
  • Member since Jul 27, 2013
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Daniel Levine's profile image
Daniel Levine's profile image
Daniel Levine
  • Investor
  • from Conifer, Colorado
  • Member since Jul 27, 2013
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Daniel Levine
  • Investor
  • Conifer, CO
11
Votes |
69
Posts
General Landlording & Rental Properties

reserve funds

Daniel Levine
  • Investor
  • Conifer, CO
Posted

any suggestions on how to calculate a safe but not overly burdensome reserve fund for single family homes. How much should I put aside for emergency repairs.

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Jesse Waters
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  • from Aiken, South Carolina
  • Member since Aug 18, 2014
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Jesse Waters's profile image
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Jesse Waters
  • Investor
  • from Aiken, South Carolina
  • Member since Aug 18, 2014
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Jesse Waters
  • Investor
  • Aiken, SC
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Jesse Waters
  • Investor
  • Aiken, SC
Replied

I have found that by keeping between 4-6 months worth of operating funds (monthly payment + utilities) in the bank I have been able to weather anything that has come up.  

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