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Updated almost 6 years ago,
Unsure of the next step
I bought my first rental property almost a year ago. It’s a condominium and I’ve had a tenant living there since day one of my settlement. Now that this goal was met, I’ve been at a loss for how to save up for the next one. Do I use the leftover cash from the rent and make extra mortgage payments(I’ve sent a few already this first year), or do I put the extra money into my savings account and put it towards the next one?