Cash Reserves Are Critical In Real Estate Investing
We have been working with Memphis real estate investors for the past 7-10 years in one fashion or another and one thing that never changes about new investors is a lack of understanding when it comes to cash reserves. So many people think that real estate investing can be boiled down to a quick series of numbers, i.e. - how much will this be or how much will that be or how much should I set aside for this expense and that expense? All of those are VERY VALID QUESTIONS!!