I was asked a question regarding “capital reserves” for a pool. That’s the $100K item circled above.
Is that enough, set aside, for future repairs and replacement of the long-lived, big-ticket items, as they wear out? Things like the roof, the HVAC system, carpeting, parking lot pavement, and the equipment.
Turns out, that’s a surprisingly hard question to answer.
But my answer is, yeah, probably. Or, at least, I can’t possibly know enough to say otherwise. Continue reading Post #2066: Vienna pool capital reserve