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Updated over 6 years ago,
What are you doing with your cash while searching for a deal?
Hey All,
I have enough cash to purchase 1-2 units in a few markets in Europe (I reside in Israel; the US is too remote). I'd like to purchase a small apartment building instead (using leverage and partnering with friends).
What are you normally doing with cash you have which you'll use for your purchases? The issue is twofold:
1) I have no idea when I'll find a deal, yet I have to be able to liquidate (the principle) quickly
2) In the meantime I would to have some yield, at least inflation adjusted + some percentage
Many thanks,
Alon
* Honored to write here. In love with the podcast, Josh, Brandon, David and all the guests and contributors. You're really awesome!