Transcribed

How Much Cash Should You Keep In An Emergency Fund? With Nick Wood (Ep 494)

Nov 5, 2024 · 23m 12s
How Much Cash Should You Keep In An Emergency Fund? With Nick Wood (Ep 494)
Description

Nick shares how having an emergency fund helped him pay for expensive repairs to some of his rentals. He talks about how much he spent on the repairs and why...

show more
Nick shares how having an emergency fund helped him pay for expensive repairs to some of his rentals.

He talks about how much he spent on the repairs and why he didn't file an insurance claim.

We also discuss Nick's rule of thumb for figuring out how much money to set aside for emergencies.

Nick also talks about how his income at his day job has been reduced recently and how having a combination of an emergency fund and cash flow from his rentals has helped him survive this period.

Thanks To Our Sponsors:

The Guarantors - Protect your property against losses rent defaults, vacancies, lease breaks, damages, and more. All without increasing your operating expenses.

Ridge Lending Group - Mention Rental Income Podcast for a $250 credit at closing. 

https://rentalincomepodcast.com/episode494
show less
Information
Author Rental Income Podcast
Organization Rental Income Podcast
Website rentalincomepodcast.com
Tags
-

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Podcast Cover

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search