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Updated about 7 years ago on . Most recent reply

Where do you guys keep your reserves
Where do you guys keep your reserve funds? It seems like a waste to just have them sitting in a checking or savings account, but other accounts usually either have risk, or make it hard to pull the money out. Does anyone have any clever investments to keep their reserves in?
Thanks,
Teague
Most Popular Reply

My reserves are my HELOC. My monthly rents go in, my expenses come out.
It is a 200K line that fluctuates depending on whether I have a flip on the go or some other short term investment.