The Importance of Financial Reserves for Investors

Real estate is an amazing investment vehicle because it’s predictable. But, what happens when it’s not? What happens when the unexpected happens and there’s a fire, you lose a roof, or the HVAC system goes out? You need to have reserves. Your short-term rental guests will also create wear and tear on your property. How much should you budget for that? 

• How much should you budget for your short-term rental losses? 
• The biggest capital expenditure risks with your property
• Why you NEED reserves regardless

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