Jennifer Allen
Triple Net Lease Reserves
How much cash reserves should you keep for a triple net lease? Do you try to cover your monthly expenses for X months for when you have to find a new tenant? Do you base it on the building cost or size? I'm trying to ...
John Pitkin
Calculating reserves for repairs
Is anyone aware of a standard rule for estimating how much reserves to include in repair costs? It seems to me that the cost of replacing major items such as a roof or furnace should be included over the estimated re...
Joe Rogan
Help Managing my Reserves
Hi BP. In the last three months I have managed to purchase my 3rd and 4th property. Up until now, all income has been saved. I only dip into my reserves when the properties need repairs or upgrades. However, now with ...
Richelle Bryan
What Qualifies as Reserves?
Hello,Wondering if mortgage lenders count liquid assets (equities, 401K plus cash) towards the 6 month reserve requirement for a duplex (second property) or is it strictly cash? Also, I have been a landlord on my firs...
Brian Webb
Reserves required for financing
I am a newbie and haven't done a deal other than my primary home which is a long term BRRR! I am trying to get financing in place, or at least identify the institutions that I want to work with, so I spoke with the fi...
David Pearson
Cash Reserves for Rentals
Hey just wanted to get some other investors opinion on how much money I need to put to aside for each rental house I have. Is there a set number or does it depend on each house?? I figured for houses around 80-100k ma...
Barry Harsa
Question on reserve funds
Hello, I'm just starting out and looking to buy my first property. One of the things I haven't found an answer to is, should I maintain an "oh shit" fund? Meaning a fund to cover any unexpected cost that may arise a...
Zachary Steidl
How Much in Reserves?
Hello! I have a question that I don’t hear many people discussing! Maybe some of you can share your two cents.When purchasing a property how much money do you make sure you have in reserves?Should you have 10k or 20k ...
Michael Bertsch
Reserves on conventional loan
I have multiple investment properties and living in a SFR. I am wanting to buy another house to owner occupy and turn my current house into a rental. What are the reserve requirements for a conventional loan with Fann...
Wendy Black
Cash Reserves for Rentals?
What's the best level of cash reserve to keep on a rental property on which there's a mortgage? Is it based on resale value, insurance deductible, gross/net income, or something else?Thanks.