#394: How much cash do you need for rental property reserves? (rule of thumb)
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🎙️ Episode #394 - How much cash should you set aside for your rental properties? Too little, and you risk financial trouble when unexpected expenses hit. Too much, and you might be missing out on better investment opportunities. Coach shares his personal experiences and practical strategies to find the right balance, so you can invest with confidence and keep your portfolio secure.
🎬 Timestamps:
- (0:00) - Introduction to Cash Reserves
- (0:24) - The Importance of Cash Reserves
- (1:59) - Lessons from the 2008 Recession
- (5:15) - Practical Steps for Setting Cash Reserves
- (7:11) - Managing and Utilizing Cash Reserves
- (8:50) - Advanced Tips and Considerations
- (12:08) The Rental Property Mastery Community
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