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Updated about 6 years ago,
Suggestions on how to plan for repairs and vacancy on multiple pr
Hello, I'm trying to plan for repairs and vacancies for an upcoming purchase. However, it occurred to me that once you reach a certain number of properties then the standard amounts don't apply. ( 3-10% vacancy, 5-15% repairs Etc ) For instance if we own 10 properties then the chances that all of them will be vacant at the same time would be slim. The same is true for repairs. What is your system for making there is enough money in reserves to service your properties without having to stock pile cash?