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On commercial property... What are the typical reserve requirements?
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any suggestions on how to calculate a safe but not overly burdensome reserve fund for single family homes. How much should I put aside for emergency repairs.
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Hi,How can you overcome the cash reserves requirement. I have down payment money. But do not have the cash reserves required. Any suggestions?Thank youTony
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I now understand the 50% rule but I am unclear about cash reserve. If you have a house you bought following the 50% rule how much cash reserve do you recommend having for the what if's? Is it necessary?
Heather
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Quick question,Are capital reserves paid into every year. For example, my first year I pay 250 a unit, so on a 100 unit building, the bank will make me put $25000 in capital reserves. Say I don't spend this money, do ...
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How much do you put away a month for maintenance reserves?
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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...
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Hello all, does anyone have a specific formula they rely upon for the amount of reserves they like to keep for their rental business? For example, I typically keep a reserve of 8 months to a year of living expenses f...
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Ok here is my situation. I just bought a duplex which closed 2 weeks ago. This leaves me with a positive cash flow of $750 per month from the 5 units I own. The problem is I made a deal with myself that I would not...
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Hi BiggerPockets Family. Happy New Years Eve,I currently have reserve funding for the 2 SFH that I have, and I currently keep it in a CD that is yielding next to nothing. For having $8,000 in the CD, I've amassed a wh...