CapEx Reserve - Rental Properties
Hello BP friends!
What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue)
At day 1 of owning the property, do you typically have some $ sitting in the reserve?
Hello BP friends!
What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue)
At day 1 of owning the property, do you typically have some $ sitting in the reserve?