Cash Reserves for Rentals?
What's the best level of cash reserve to keep on a rental property on which there's a mortgage? Is it based on resale value, insurance deductible, gross/net income, or something else?
Thanks.
What's the best level of cash reserve to keep on a rental property on which there's a mortgage? Is it based on resale value, insurance deductible, gross/net income, or something else?
Thanks.