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Updated about 5 years ago,
Sufficient Cash Reserves
There are a plethora of investors with years of experiencing on this site and I was hoping to glean some knowledge. I have one single family home rental and I am currently looking to acquire a small multi-family property. My plan is to keep 5K per unit in cash reserves as the portfolio grows. What have you found is a sufficient amount of capital to keep in reserves for 1-4 unit properties?