All Forum Posts by: Bryson Owensby

Hey @Preston Dean , I would prefer to take the extra cash and add it to my brokerage account instead of it sitting there. If I had a major expense, I could always pull it from my personal account. My SD is in the rental bank account as well. not worried about not having enough money to fund expenses on the rental

 Personal

 No specific reserve fund set aside for the property, have savings to cover a large capex if needed

Have about $2k of profits sitting in a checking account solely for my rental ($4k total with SD).

When can/should I take the excess profits out and invest them?

Thanks, will look into it

Hey all, recently started investing into RE with my first home in my hometown in DFW after graduating from College and recently purchased my second down the street. Currently renting out the first and house hacking the second until I get married. Work for a lender as an underwriter so am involved in RE everday.

On BP to learn more and learn from others, interested in finding a mentor here. Ask me anything!