
296: How to raise good kids and protecting yourself from Real Estate bankruptcy
The Sweaty Startup
How Much Cash Are You Keeping in Reserves?
I'm looking at people's deals they're sending out to investors, and theyre not even raising any money for capital reserves. What if a wind storm blows off the roof? And what ou going go right out to the investors to ask them for money again? Right then? 50 thousand expense. That is a terrible look. We raise on a three million dollar deal, we'll put a hundred hundred grand, a hundred 50 grand in just a capital reserve account. Highly recommend that you do that as well. I am exhibite, me personally. As i get momentum, as i build my business,. as i get a networth, as i get cash and my checking account,
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