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Updated almost 4 years ago,

User Stats

9
Posts
4
Votes
David Baskin
  • Rental Property Investor
  • Chicago, IL
4
Votes |
9
Posts

Paying Yourself and Build Reserves

David Baskin
  • Rental Property Investor
  • Chicago, IL
Posted

Hello all,

I'm looking for interesting ways to pay yourself while building a significant cushion of cash reserves for each property. How do you generally execute this? Do you build up a pot of cash reserves and only then begin paying yourself net cash flow once your goal is reached (let's say 6 months of expenses)? Do you start paying yourself immediately after acquisition, while putting aside a designated amount each month for reserves? Something else? 

Thanks! 

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