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Updated over 5 years ago on .

Account Closed
  • Rental Property Investor
  • Florida
27
Votes |
74
Posts

What do your cash reserves look like?

Account Closed
  • Rental Property Investor
  • Florida
Posted

Hey there BP fam! I wanted to take a moment and a get a pulse on what everyone thinks is a "safe number" for liquid cash reserves (aka your rainy day fund). Is it a set amount? $10,000? $100,000? Or is it more of a percentage of your monthly cash flow? I'm curious what everyone else is doing because I don't want to over leverage myself, but I also don't want to be too conservative and miss opporunities. Thanks all!