In fact, we have an emergency option on our call-tree and over 90% of the time it is used, it is NOT an emergency.FYI - in the PMC industry emergencies are referred to as, "blood or flood" issues.

I have read that 6months worth of emergency funds should be set aside, usually refers to personal emergency issues.   

Hello,Was curious if anyone in the Richmond Virginia area has reliable / affordable (not going to take advantage of me) plumbers.  I am a relatively new landlord and trying to put together a list of go-to contractors....

Some places have outsized supply/demand problems and you don't want to be put on a waitlist for an emergency repair. 

I have approximately 65k saved but want to make sure I have the 30k set aside for the first property to finance an emergency.

For Maintenance (which include Life‑safety emergencies, Habitability, Routine maintenance and Cosmetic/deferrable) what amounts do you set when the owner must approve? 

I do think having a sufficient emergency fund is vital before investing in anything (stocks, real estate, retirement accounts, etc).

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I’m also wondering if it’s possible to find someone local who can be available for emergency situations if needed—any tips or experiences with managing remotely would be greatly appreciated!

But behind every notice of default is a family trying to make sense of something they never thought would happen to them.I recently spoke with a homeowner who had fallen behind after a medical emergency.