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Updated about 4 years ago on . Most recent reply

Sam Lofton's profile image
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Sam Lofton
  • Member since May 3, 2019
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Sam Lofton's profile image
Sam Lofton's profile image
Sam Lofton
  • Member since May 3, 2019
Connect
Sam Lofton
4
Votes |
8
Posts
General Landlording & Rental Properties

Cash Reserves For Rentals

Sam Lofton
Posted

Hi Everyone,

     How much cash do you recommend saving in reserve for each of your rentals? How do you divide that reserve? (Ie 6 months of vacancy, X amount for repairs, etc).  I'm new to this and currently have 2 rentals. My thought is that the more cash flow a rental produces, the less money you need in reserves but I'd love to hear other peoples' opinions/advice. 

Thanks in advance,

Sam

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