Blog

Jun
04
Investors NEED a Reserve Fund

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As an investor, it is important to be prepared for the unexpected.



Now more than ever we are seeing the grave importance of protecting the future of your investment by building a reserve fund. Your reserve fund is your “emergency” cash fund. A reserve fund should be large enough to cover unexpected situations, not only maintenance that comes up. The amount you want to set aside can vary and depend on property type, size, age, and size of the portfolio, however, a good starting point is 2-4 months’ rent. Remember, a reserve fund for rental properties is an investment itself.



An easy way to calculate a reserve fund for a portfolio with 1-10 properties, add up the following expenses for all of your properties:





  • monthly mortgages




  • taxes




  • insurance premiums




  • condo fees




  • operating utilities





Then, multiple it by three, and then cut the total in half to reveal your minimum emergency fund.



TCT Property Management Services, LLCLess

TCT Property Management Services, LLC

2500 S Power Road #121

Mesa, AZ 85209

T: (480) 632-4222

F: (480) 632-4226

E: info@tctproperties.com


NO WALK-INS - Please contact us directly to schedule an appointment.


Office Hours: Monday - Thursday 8:30AM-5:00PM, Friday 8:30AM-4:00PM


2500 S Power Road #121

Mesa, AZ 85209

T: (480) 632-4222

F: (480) 632-4226

E: info@tctproperties.com


NO WALK-INS - Please contact us directly to schedule an appointment.


Office Hours: Monday - Thursday 8:30AM-5:00PM, Friday 8:30AM-4:00PM


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Se habla EspañolLess

Se habla Español

Jennice Doty, Designated Broker


For AFTER BUSINESS HOURS maintenance EMERGENCY, please call 480-632-4225 and the on-call property manager will assist you

Jennice Doty, Designated Broker


For AFTER BUSINESS HOURS maintenance EMERGENCY, please call 480-632-4225 and the on-call property manager will assist you

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Associations & Affiliations

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