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Updated over 2 years ago,
Menachem KrasnjanskiPoster
Pro Member
- Rental Property Investor
- Spring Valley, NY (spring valley ny)
- 8
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- 56
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Emergency fund for motel
Good afternoon, what calculation do people use in setting aside money for the emergency fund of a motel. Do you put aside 3 months of operating expenses, 1 month, 6 months. I'm doing the first distribution for my facility and we're trying to figure out how much to leave in the property. Thanks so much.