Quote:
Originally Posted by LIforrelaxin
Reserve Funding is an interesting topic...
So if you look further not only do you need to look at how much is going into the reserve account but how much is coming out of that reserve account for the upkeep of the property. You want the reserve funds to be in constant state of growth year over year, building up to what will be needed to cover
large expenses like roofing and paving, when they are do to be replaced. If a reserve fund was not properly funded to start with, the contribution to the reserve may need to be higher for a while to get it properly funded...
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So, you just described the way this entire country works.... right? Am I missing something with this particular business model?