Justin Michael Johnson
Creative ways to increase cash reserves?
Wanting to build up my cash reserves over a 1 year period. I am curious if their are options out there that I am unaware of. Looking for examples other than setting money aside from primary job, mutual funds, Treasury...
Kyle Curtin
The importance of reserves when househacking!
Hi everyone! I just wanted to share one of my learning experiences from purchasing my first 3 family househack in Leominster, Massachusetts back in December of 2021. I purchased my property that was built well before ...
Luke Doyle
Reserves in Stocks a bad idea?
Hey!
I was just wondering what everyone thinks about keeping your reserves in a 60/40 stock/bond portfolio? Maybe having a slightly larger amount of reserves than normal to be able to withstand any sort of downturn?...
Paul Smythe
Questions about Condo HOAs and Reserves
I am researching condos in the Atlanta area and had two questions that I was hoping someone with more experience could answer for me:Is there a reliable way to learn how good a condo HOA is? I'd like to make sure I k...
Joe Steinheiser
Capital and maintenance reserves for condos
If buying a condo for rental, how much would you reduce, if at all, capital and maintenance expenditure reserve in you calculations? Anything else to consider when buying a condo to rent out?
Calvin Watkins
Cash Reserves for Scaling or P
Hi All!Just wanted to post this and see if anyone could advise me on total cash reserves that would be appropriate for different sizes of investing. I have been investing in buy and hold rentals for the last 5 years a...
Michael Hayworth
The Importance of a Repair Reserve
Just in the last month, I've had:A slab leak at one property.A rat chew through a PEX line at another property, flooding the house.A crumbled pipe shutting down drainage at another property, requiring a partial repipe...
Frankie Woods
Using your 401k loan as Reserves
I'm struggling with the "where do you put your reserves" debate. I'm pretty confident that relying on credit cards and lines of credit may not be wise in a black swan event. In that regard, if you have $50k in a 401...
Sean Chua
Reserve Amount - House hacking in Atlanta
Hi guys!I'm trying to analyze deals for house hacking (renting by the room) and am re-evaluating the way I calculate reserves. Currently, I use a percent multiplier by rent: 5% for repairs/maintenance, 8% for vacancy,...
Connor Duff
Cash Reserves for a House Hack
I'm currently reading up on house hacking and how to analyze deals. I've read from multiple sources that you should save apart of your monthly cashflow for reserves in case of vacancies, repairs, emergencies, etc. My ...