How Much Of An Emergency Fund Should I Have For My Real Estate?

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Rachel, very smart to turn this conversation into something that could be more interesting for the wider audience. Really well done 👍

srinivasgp

I keep almost a year's worth of expenses in cash for our 12 units...helps me sleep.

dwadholm

Buying houses this way should be called the Snowball Method and should be compared and contrasted to the BRRRR method.

edwardrhoads

How can you even own a bunch of real estate and not already know the answer to this question? The caller has been lucky.

BrianW

Dave says he doesn't use credit cards for the rewards because it hurts people, but he is fine touting the fact he bought real estate for pennies on the dollar in 2008

JasonGroom

He’s got a good portfolio for not ever considering capx

aaaaaaaaaaaaaaa

We have 55700 billion homes or houses.
Backup also.
🌈

nathandunlap

Think of worse case scenario that you could have to pay out of pocket. That's your number! With rentals bad things seem to happen in multiples 😆

BRAS

You have almost 20 properties and are asking this basic of a question? lol

donjohnson

You do not need to pay cash for investment properties, as long as they generate cash flow. I bought all mine with loans that are low intrest. If you listen to Dave's advise here you will never buy an investment property. As Brandon would say Malarkey.

Nolaman

This caller obviously just looking for a chance to brag.

Steven-rpzo

Luffy, Zoro, Sanji vs naruto
Ussop, Franky, chopper, jimbei vs sasuke

Nami, Robin and brook vs sakura

GTS-dhwj

Ken's shirt must have shrunk. So he gave it to Rachel.

jimmymcgill

Don't use your personal money to pay off the rentals.

jimmymcgill

SRB
He di, get himself caught on purpose / / there it a. Purpose to why he, put in so many / access point /

JllyBean

Is Rachel pregnant? She got the pregnant look

sorvoja

Blah blah only The Richards
That have all this real state😅

rosaiselaramirez

Having loan for rental is PERFECTLY FINE, stop listening to dave

johndone

Buying real estate that you don't intend to live in is pointless.

amireallythatgrumpy

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