A property owner is looking to sell his property to me. he's retireing, I got all the numbers worked out, applied the 50% rule and get a cash flow of about 2700 a month.

I'm 23 years old and dont have cash reserves ...

How much do you put back in reserves for your properties on average? I know each situation is different. 

Hey BP,
I'm fairly new and trying to determine how much you should keep in cash reserves. My wife and I have two properties, a 2008 3/2 and 1986 3/2.5, both in Ft Worth, TX. We have not done any type of major capex on...

Does anyone have any creative ideas on building reserves? I want to purchase a 6-plex but I need reserves for security. I am looking to purchase the 6-plex early next year and am looking to implement any valuable sugg...

Hi everyone,

What is an average replacement reserve per unit for a small apartment building (less than 24 units)?

Age of property is approximately 50 years and I wasn't provided mechanicals age.

How much do you guys keep for reserves?

I am just starting out with a 4 family and a 3 family and am targeting to keep the following for EACH property:

Operating Account = 2 x monthly mortgage taxes an...

Can y'all tell me what the typical amount of cash reserves are needed to keep for random capital expenditures?

Is it based on gross rent?

I know older Units will require more yearly maintenance.

Is there a formula...

Who typically keeps the reserve account in a large multifamily transaction, buyer or seller?

What % of income should you set a side for maintance.

I am in the process of working on my 3rd and 4th deals simultaneously. Both are single family homes that I will be renting to college kids. I also own two 3-family homes, one which I live in. My question is what do pe...