Cash vs Investments? What ratio?

[Jennifer Jackson]

Hi All!

I've been wondering what an appropriate cash to investment ratio is. I currently only have one deal (a small sixplex purchased at $380k), so my current goal is to keep enough cash to cover the expenses for six months if I lose half my rent (roughly $15,000). This is independent of my personal emergency fund. 

I also want to have a nice chunk of cash available to invest when opportunities come up, but it's hard to be ok with a large chunk of cash just sitting there growing at 2% or less. 

Would love to hear everyone's thoughts on how much % of your money is tied up in investments vs accessible cash, factors that contribute to this (such as how much you're leveraged), etc. Thanks in advance!