☔4 Reasons Why Keeping A Rainy Day Fund Is A Must For Landlords

☔ If you’re a landlord, save up for a rainy day!

Don’t get caught without an emergency fund.

4 Reasons Why Keeping A Rainy Day Fund Is A Must For Landlords

1. The roof/foundation needs repair. If you fix it yourself, it’ll be less expensive, but neither option is going to be cheap.

2. Appliance breakdown. As the landlord, you must act quickly to repair or replace the unit to keep your tenants safe and happy.

3. Bad tenants. While you may charge a security deposit just for cases like this, many times it isn’t enough if your tenants go above and beyond in their quest to destroy your property.

4. Vacancy expenses. From the mortgage payment to utility bills, it’s your responsibility to pay it all yourself until you can find new tenants.

Emma Co Personal Real Estate Corp | Macdonald Realty | 6046183888

Building VALUE With Every Move


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