Why Having Cash Reserves Matters for Property Investors

The Importance of 'Rainy Day' Money

Owning investment property brings unpredictable expenses. Adequate savings can help manage periods between tenants or sudden repairs.

Building Financial Security as a Property Investor

Emergency Fund: Ensure you have funds for unexpected costs like maintenance, vacancies, or interest rate hikes.

Preempt Lender Requirements: Lenders often prefer applicants who can show cash reserves.

Peace of Mind: Savings reduce stress during unforeseen events and protect your overall investment plan.

This is not financial advice. Please do your own research and consult a professional before making any property or financial decisions. Use this information at your own risk.