The Cash Reserves Blueprint: Protecting & Expanding Your Portfolio

25/09/2023 24 min Episodio 28
The Cash Reserves Blueprint: Protecting & Expanding Your Portfolio

Listen "The Cash Reserves Blueprint: Protecting & Expanding Your Portfolio"

Episode Synopsis

Send us a textSo, 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.When do you not necessarily need cash reserves?  We go over those scenarios as well. LINKS👉 Want the podcast link emailed to you weekly? Subscribe to our FREE newsletter, Landlord Weekly!▪️Landlord Tips ▪️ Early Access to Our Blogs ▪️ Landlord Specific Articles by Other Industry Pro's ▪️ Podcast Links 👉Help other DIY landlords discover what we have to say… Please leave us a review of our podcast!  On Apple Podcast or ITunes, please scroll to the bottom of our main page (with our logo) and click “Write a Review”.On Spotify, please click the 5.0⭐ on our the front page of our podcast page.Connect with Us: 🌎 Visit our website 📧 Subscribe to our newsletter. 👆Click HERE for our FREE Landlord Forms and Doc’s 🤳Text Us: 650-489-4447. We love questions and love letters! 📩Email us at: [email protected], [email protected] ➡️ Review the Podcast on Apple or on Spotify or YouTube ✔️Course Waitlist: From Marketing to Move In, Place Your Ideal Tenant 📱 Follow us on Instagram, Facebook, & join our priv...