ASK353: How do we prepare for a crash? PLUS: Do I need an emergency fund?

Rob & Rob are back with more answers to your questions.  Gareth from The Wirral has been a listener for years, and as a result he’s got a question about the 18-year property cycle.  If we’re in year 15 of the cycle, he wants to know what preparation he should be carrying out in anticipation of an inevitable crash.  Rob & Rob’s answer touches on mortgages, deal sourcing and how to choose where to invest.  Next up is Max from Milton Keynes.  He’s in the process of remortgaging his house and planning to start a buy-to-let portfolio, and he’s got a 3-month emergency fund to cover all bills and expenses.  He's calculating a 10% buffer with the buy-to-let properties he’s looking at, but wants to know if that’s necessary when he’s got the emergency fund.  Tune in to find out.  Do you have a buy-to-let or property investment related question for Rob & Rob? You could feature on the next episode by giving us a call on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply).   Or if you prefer, click here to leave a recording via your computer instead.  The next question on Ask Rob & Rob could be yours.   Have you joined us over on the Property Hub Forum yet? Our online community is friendly, informative, and the members are waiting to welcome you with open arms. So, get yourself over and introduce yourself.  And if you’d like to find out more information about Portfolio you can do that here.  See omnystudio.com/listener for privacy information.