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Updated 11 days ago on . Most recent reply
Mike SchelskePoster
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- San Francisco, CA
- 28
- Votes |
- 27
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Day in the life of a owner
Mike SchelskePoster#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
- San Francisco, CA
Hi,
I was hoping to get some insight about post purchase of a property. I plan on the owner occupied approach and using a property management company. I was wondering what is it like having a property manage compared to not using one. Amount of money I should have available for emergencies and other costs associated with general ownership.
Mike
Most Popular Reply
James McGovern#5 All Forums Contributor
#5 All Forums Contributor
- Flipper/Rehabber
- Bloomfield CT
The amount in reserve is highly dependent on the property and any deferred maintenance