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Updated over 6 years ago,
Vacancy in rental properties
hey guys, when you guys do a house hack or purchase a rental property, you obviously have debts you needy to pay off like that mortgage. But if the banks lets you use the income you get from the property, and there hasn’t been a tenant in a few months, do you pay off that mortgage out of pocket evrrytime? Should you always have reserves when purchasing rentals? Is it always necessary? Would appreciate any insight possible.