Jordan Slater
Where to keep cash reserve?
I am meeting with my property manager today to get my first rental on the market! I am planning to build my cash reserve over the next year as I prepare to purchase another rental. Where should I keep my cash reserv...
Matthew Hartman
Cash Reserves With Multiple Properties
I've been browsing the forums for a little while today because I have a question which I've not yet found a clear answer to here, or elsewhere.I've heard various wildly different rules of thumb for how much of a cash ...
Steve Uhlig
Estimating Maintenance & Capex Reserves
Good Afternoon Investors, I am looking at 1-4 unit properties in the suburbs outside of Philadelphia, Pennsylvania. My question is centered around estimating maintenance & capex reserves when analyzing potential ...
Bill Baldwin
Six months mortgage reserves required?
Hey all - question on necessary reserves when applying for a loan through a US bank. I'm currently working on closing my second US property, first time financing through a bank. They just mentioned that I need to show...
Jonathan Ruths
Reserves and Expenses for STRs
Does anyone find that STRs have higher need for repairs than long term rentals? When analyzing, what percentage of gross income do you set aside for cap ex and maintenance?
Nick Wehrley
When is Reserve Account “Good”
So I have 6 months of expenses set aside in reserves. Is this an acceptable amount to then increase my cashflow a bit and decrease the amount going into reserves? When below 6 months reserves, I do 10% maintenance, 8-...
Lance Jorgenson
Where to put Cash Reserve
Where to hold your Cash Reserve and money you are building up to buy more properties? I have mine in a regular savings account making 0.75% interest. Is there a better place to put money that is flexable but makes mo...
Adam Widder
Where to store rental reserves?
We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
Taylor Hawkins
Cash flow and cash reserves
House I want:
I’m in Southern California buying a 3B/2ba SFH across the street from me. It has been unoccupied for decades and needs a lot of work. At 1400sq ft I’m budgeting 100-150k for remodeling. It has a huge l...
James Suleski
Cash Reserves(PITI/Cap ex)
Greetings All, I am a newbie investor and am currently living in the first property I plan to rent upon moving out. With this unit and future investment properties, one of the questions on the forefront of my mind ...