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Updated almost 4 years ago,
What to do with my extra rental income cash flow?
So here’s the breakdown.
Let's say I just bought 3 rental SFH properties this year cash flowing $500 each unit. That's $1500 total per month in cash flow after paying all expenses, property Mgt, and mortgages etc.
The $1500 gets deposited into a rental income checking account. That account has enough money sitting there to cover like 3 months of operating the 3 homes in case something happens.
So what do I do with all the excess money and where to invest it so that I can make more money quickly so I can build up cash to buy a 4th rental property?
Cryptos or stocks or what?
FYI I already invest into all of this already with my own personal money