Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago on . Most recent reply

Money management during building period
Hello,
I am new to this community and to real estate investing.
The way I handle my personal finances right now is essentially the bucket method. I spend 25% of my paycheck and put the other 75% away. That money fills my bills/emergency fund (3mos expenses) then spills over into my savings bucket.
Assuming I continue to work while building my rental portfolio would this be a good method to use to manage the net cashflow from my properties?
I was thinking... 3mos expenses (bills vacancy) -> 6mos gross income (maintenance/emergency) -> 6mos gross income (new property aquisition) -> free and clear profit.