When do you stop saving for capEx, maintenance and vacancy?

[Kwame Darko]

Hello everyone,

   At what point do you stop saving for capex, vacancy and maintenance? I know everyone has different savings goals so I’d like to hear a few opinions. 

Thanks 

[Nathan Gesner]

@Kwame Darko it's a very personal decision. Are you living paycheck-to-paycheck with one rental under your belt? Are you a cardiologist, 65 years old, no debt and 10 rentals that net $5,000 a month?

You have to consider your personal financial situation and what you can tolerate. I have a good paying job, good credit, a big line of credit, and an account with $20,000 or more. There's no need to continue saving because my roof could blow off tomorrow and I can write a check for it without batting an eye. Half my properties could go vacant and I could still pay the bills.

Just take the time to sit down with pen and paper and pencil out what you could honestly tolerate, then save up to that amount.