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Updated almost 12 years ago,
Rental income...
My apologies if this has been asked a million times. I searched the forum but couldn't find a relevant thread.
My question is for the the buy-and-holds. What do you do with your rental income? IE; how much of a reserve do you keep in your rental account?
We have had a few people approach us to partner so considering the option changes our entire thought process since we were going to keep all our income to reinvest. But one of the individuals is retiring next year and would like to supplement lost income.
Thanks!