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Updated over 4 years ago on . Most recent reply

User Stats

63
Posts
47
Votes
Nakia Addison
  • New to Real Estate
  • Las Vegas
47
Votes |
63
Posts

How much cash reserves is needed when starting out?

Nakia Addison
  • New to Real Estate
  • Las Vegas
Posted

I have a high interest in multi family real estate investing. Before I actually purchase my first investing property. (Duplex or Quadplex)How much cash reserves should be set aside? I ask this question because during the pandemic I heard of landlord stories in which tenants aren’t paying their rents and unfortunately landlords are left in difficult financial situations.