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So, this might surprise you, but cash reserves are not a one size fits all concept. There are a lot of factors that contribute to how much you should set aside, like where you are in your real estate investment journey.
Of course, there is the subject of mindset to consider as well so we go over that along with different methods to determine how much cash to reserve.
This episode gives rental property owners a blueprint on the methodology behind determining how much cash reserves is enough.
We take a deep dive into what cash reserves are, do you need them, and if you do, how to determine how much will make you feel comfortable should you get into an unfortunate situation and need to draw on them.
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