Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
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How Much Cash Should You Keep In An Emergency Fund? With Nick Wood (Ep 494)
MP3•Episodio en casa
Manage episode 448589331 series 53057
Contenido proporcionado por Rental Income Podcast. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Rental Income Podcast o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
Nick shares how having an emergency fund helped him pay for expensive repairs to some of his rentals.
He talks about how much he spent on the repairs and why he didn't file an insurance claim.
We also discuss Nick's rule of thumb for figuring out how much money to set aside for emergencies.
Nick also talks about how his income at his day job has been reduced recently and how having a combination of an emergency fund and cash flow from his rentals has helped him survive this period.
Thanks To Our Sponsors:
The Guarantors - Protect your property against losses rent defaults, vacancies, lease breaks, damages, and more. All without increasing your operating expenses.
Ridge Lending Group - Mention Rental Income Podcast for a $250 credit at closing.
https://rentalincomepodcast.com/episode494
…
continue reading
He talks about how much he spent on the repairs and why he didn't file an insurance claim.
We also discuss Nick's rule of thumb for figuring out how much money to set aside for emergencies.
Nick also talks about how his income at his day job has been reduced recently and how having a combination of an emergency fund and cash flow from his rentals has helped him survive this period.
Thanks To Our Sponsors:
The Guarantors - Protect your property against losses rent defaults, vacancies, lease breaks, damages, and more. All without increasing your operating expenses.
Ridge Lending Group - Mention Rental Income Podcast for a $250 credit at closing.
https://rentalincomepodcast.com/episode494
548 episodios
MP3•Episodio en casa
Manage episode 448589331 series 53057
Contenido proporcionado por Rental Income Podcast. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Rental Income Podcast o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
Nick shares how having an emergency fund helped him pay for expensive repairs to some of his rentals.
He talks about how much he spent on the repairs and why he didn't file an insurance claim.
We also discuss Nick's rule of thumb for figuring out how much money to set aside for emergencies.
Nick also talks about how his income at his day job has been reduced recently and how having a combination of an emergency fund and cash flow from his rentals has helped him survive this period.
Thanks To Our Sponsors:
The Guarantors - Protect your property against losses rent defaults, vacancies, lease breaks, damages, and more. All without increasing your operating expenses.
Ridge Lending Group - Mention Rental Income Podcast for a $250 credit at closing.
https://rentalincomepodcast.com/episode494
…
continue reading
He talks about how much he spent on the repairs and why he didn't file an insurance claim.
We also discuss Nick's rule of thumb for figuring out how much money to set aside for emergencies.
Nick also talks about how his income at his day job has been reduced recently and how having a combination of an emergency fund and cash flow from his rentals has helped him survive this period.
Thanks To Our Sponsors:
The Guarantors - Protect your property against losses rent defaults, vacancies, lease breaks, damages, and more. All without increasing your operating expenses.
Ridge Lending Group - Mention Rental Income Podcast for a $250 credit at closing.
https://rentalincomepodcast.com/episode494
548 episodios
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