All Forum Posts by: James Lipko
James Lipko has started 1 posts and replied 1 times.
What is a typical cash position that you should maintain as a landlord to have for repairs, emergency expenses, buying opportunities, renovations, etc? I am looking to purchase my first rental property. I know what I can afford, but I am unclear how much of a cash position I should maintain after the purchase. Does $20,000 sound like that is enough? 10K?