Where are you parking your cash?

[Jason Coleman]

I am trying to figure out where to park my cash. I have a rental portfolio "reserves" account as well as my realtor business "crash" account. There is a substantial amount of cash in each. My plan is to keep these accounts with 6+ months worth of expenses in case the bottom drops out or 5 HVAC systems die at once ; ) Originally, I was considering a REIT for both accounts but I am a little hesitant because many of those REIT are heavily exposed to the commercial office space market. COVID has changed the office space scene and I feel that these REITs have further to drop although I may be wrong. Bonds, index, individual stocks, REITs, etc. Figured I might as well make a little bit of interest while it's sitting there. Just wanted to see what other RE Investors are doing in this crazy market. As always, thank you BP for being an amazing community. I appreciate your responses in advance.

[Anthony Wick]

@Jason Coleman

For my LLC with partners, cash reserves in a simple savings account. For my properties in my own name, maybe $5k on hand for each property, then dumping it all into Vanguard Brokerage (VTSAX). Before anybody corrects me in what cash reserves means, I would need to literally lose like 80% of Vanguard account, plus need major repairs, before it got dicey.