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#394: How much cash do you need for rental property reserves? (rule of thumb)
Manage episode 472581855 series 2477142
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://coachcarson.com/rpm
🎙️ 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.
📄 Show Notes: https://www.coachcarson.com/rentalpropertyreserves/
🎬 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
____________________________________________________________________
⚒️ Get my FREE Real Estate Investor Toolkit: https://www.coachcarson.com/toolkit-pod
🖥️ Learn with Coach (Courses, Books & more): https://www.CoachCarson.com
👋 Connect with Me:
📸 https://www.instagram.com/coachchadcarson 👍 https://www.facebook.com/coachchadcarson 🐦 https://twitter.com/CoachChadCarson
💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-YT
423 episodes
Manage episode 472581855 series 2477142
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://coachcarson.com/rpm
🎙️ 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.
📄 Show Notes: https://www.coachcarson.com/rentalpropertyreserves/
🎬 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
____________________________________________________________________
⚒️ Get my FREE Real Estate Investor Toolkit: https://www.coachcarson.com/toolkit-pod
🖥️ Learn with Coach (Courses, Books & more): https://www.CoachCarson.com
👋 Connect with Me:
📸 https://www.instagram.com/coachchadcarson 👍 https://www.facebook.com/coachchadcarson 🐦 https://twitter.com/CoachChadCarson
💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-YT
423 episodes
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