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Updated over 4 years ago on . Most recent reply

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David Ludolph
  • Rental Property Investor
  • Cape Girardeau, MO
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Is cash the only form of reserves?

David Ludolph
  • Rental Property Investor
  • Cape Girardeau, MO
Posted

So I know that reserves are very important for longterm rental investing, especially for BRRRR. I have about 10k in cash and about $70k in stocks and another $10k in crypto. Can I consider my stocks and my crypto as reserves or should I solely rely on my cash? I'd like to leverage my crypto and stocks but I'm wondering if I need more cash to be able to safely do this.

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Jill F.
  • Investor
  • Akron, OH
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Jill F.
  • Investor
  • Akron, OH
Replied

I'd count them as cash, even if you don't want to sell them you can use them to secure a line of credit.

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