Bree Castro
Reserve Funds - Property Management
Hello! What is the typical amount that a property management company should keep in one property's reserve account? I believe I have heard around $500. I am in CA. And my understanding is that if a more costly project...
Chingju Hu
How much cash reserve?
Hi BP!As a solo person buying rental properties (and not a big real estate corporation), I'm wondering how much cash reserve do you typically do for each property??I like to have cushion in life, and for own living ex...
Account Closed
Seed Capital vs. Reserves
What do you believe is an appropriate percentage of Seed Capital vs. reserves that you should have. For example, if you are buying a $100k house and have to put 20% down how much should you have on reserve (20% or more)?
Marco Bario
30% Liquid Reserves... Thoughts?
I attended a presentation last night where a very knowledgeable and well-researched investor with 20+ years of real estate investing experience shared her 2022 financial forecast. One takeaway was her recommendation t...
Kyle McCann
Short Term Rental Reserves
Hello,I'm in the process of completing renovation on 24 units that are being converted from multifamily to condos in a Jersey Shore community. The game plan is to AirBNB the condos seasonally. After refinancing, I'l...
Kyle McCann
Short Term Rental Reserves
Hello,
I'm in the process of completing renovation on 24 units that are being converted from multifamily to condos in a Jersey Shore community. The game plan is to AirBNB the condos seasonally. After refinancing, I'l...
Matt I.
Managing Debt & Reserves
To maintain a credit card balance and build cash reserves, or keep my $ cash low while aggressively paying down debt?My goal for this year is to save $$ and build a healthy cash reserve. For years I've been in the hab...
Douglas Curtiss
Reserves when you start
I know that BP teaches that you should put a % of revenue aside for expenses (cap ex, vacancy, repairs, taxes, etc) and to maintain a certain number of months in reserves, but what do you do when you first start out? ...
John C.
Cash Reserves & Scaling.
In looking to scale, do lenders largely expect you to maintain reserves (~6 months) for stabilized properties you already own when looking to underwrite future deals? Obviously, it benefits them to do so to mitigate t...
David K.
Reserves for multiple units
For those of you who own multiple units. Let's say you had 10 units, consisting of 4 properties. How much in reserves would you keep?