Cash Reserve Buffers in Property Investment:
- Building a six-month cash reserve into a property investment plan is essential for handling unexpected expenses such as medical bills or family financial needs.
- Having a solid cash reserve ensures financial stability during emergencies and unforeseen circumstances.
- Passive investing strategies can be incorporated to maintain these reserves and provide a safety net for any unexpected large expenses that may arise.
- It is crucial to understand the significance of having a substantial cash reserve as part of your property investment strategy.