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Updated over 6 years ago,
Where do we keep the piles of money!?!?!
We always talk about putting money aside for things like vacancies, CapEx, repairs, property management and such. I would love to hear the different opinions on what people are actually doing with said funds. I can see putting aside the money for repairs and CapEx to a certain amount . With a single property this seems pretty straight forward, just an emergency account. But how are folks managing this with multiple properties. At some point it seems that there could be a lot of funds tied up and not working for you.