Insights & Resources for Landlords Page 2

Emergency fund for landlords: how much cash should you keep?

Emergency fund for landlords: how much cash should you keep?

I keep $10,000 to $15,000 in cash reserves per property. On top of that, I set aside the full insurance deductible and fund a sinking account for any big-ticket item I already know is coming in the next five years. That's my short answer for how much you need in an emergency fund on a rental property. The rest of this post is why that number lands where it does, how to size your reserves from your actual operating expenses, and what to do if you're starting from zero. The month tha

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