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Updated almost 9 years ago,

User Stats

345
Posts
70
Votes
Craig Garrow
  • Real Estate Broker
  • Malone, NY
70
Votes |
345
Posts

Where do you park your free cash?

Craig Garrow
  • Real Estate Broker
  • Malone, NY
Posted
Hey, everyone! I'm in the process of buying my second property, which would give me 5 apartments total. This would give me roughly $1000/month in cash flow between both properties. I want to keep about $10,000 in cash liquid in case of an emergency with one of the properties, but what should I start doing with anything above and beyond that? My goal is to keep saving money to buy more multi unit properties, so I would need to be able to access it without too much hassle or penalty to buy more deals in the near future. Thanks in advance!

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