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Updated over 11 years ago on . Most recent reply

David Galvan's profile image
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David Galvan
  • from Waco, Texas
  • Member since Dec 20, 2013
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David Galvan's profile image
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David Galvan
  • from Waco, Texas
  • Member since Dec 20, 2013
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David Galvan
  • Waco, TX
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Starting Out

Preparing a slush fund for the unexpected...

David Galvan
  • Waco, TX
Posted
Hello BP. Does the money in your slush fund come from your own savings? How much money should I have in my personal slush fund if I want to own 2-3 properties?
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Dawn Anastasi's profile image
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Dawn Anastasi
  • Rental Property Investor
  • from Milwaukee, WI
  • Member since Feb 4, 2013
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Dawn Anastasi's profile image
Dawn Anastasi's profile image
Dawn Anastasi
  • Rental Property Investor
  • from Milwaukee, WI
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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
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Dawn Anastasi
  • Rental Property Investor
  • Milwaukee, WI
Replied

It's better to be over-prepared than under-prepared. Some people call it a "slush fund", I prefer to call it "reserves".

  • Dawn Anastasi
  • Podcast Guest on Show #29
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