Where do you park money that is waiting on your next deal?

[Mitch Dowler]

All the cash flow from my existing properties stays in the bank account for each LLC. It is used to cover any repairs, vacancies, etc up to the amount needed for reserves. Until recently it just sits there until enough accumulates to fund the next turn-key investment. Recently I started investing in Realty Shares as a way to put those funds to work. I look for the shorter term deals no longer than 24 months. This helps increase the positive cash flow and build the cash needed for the next investment faster.

I could using it for hard money loans or equity deals as well. Equity deals in multifamily seem especially attractive. I'm curious about what other BP members has done to keep those smaller funds like $35 and below working for them instead of malfunctioning in place?