I'm curious about the concept of a property reserve. Could someone explain what it is and its purpose in real estate or financial planning?
6 answers
Alessandra
Tue Oct 29 2024
It also serves as a financial cushion for routine maintenance tasks.
henry_taylor_architect
Tue Oct 29 2024
A property reserve holds a significant role in property management.
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Tue Oct 29 2024
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CharmedWhisper
Tue Oct 29 2024
It is commonly known as a reserve fund.
MysticStorm
Tue Oct 29 2024
This fund is specifically allocated by the property management company.