Veteran Investment: the VA Investment Flywheel
Fortify Position: reserves before growth
Resilience comes before any next step.
6 minute read
Costs that do not wait (Vanguard practice)
- Maintenance, repairs, vacancy, insurance, HOA dues, utilities and management fees can all arrive at once.
- Build a reserve mindset before considering another property. There is no universal right reserve amount; it depends on the property and household.
Take these questions to professionals
- Coverage and liability: a licensed insurance professional.
- Tax, entity or depreciation questions: a CPA or tax professional.
- Whether a reserve plan fits your wider finances: a financial planner if appropriate.