I added RE into the portfolio as a way to really stash cash; there's an inflection point of a lack of homebuilding, laws against it, a devaluing dollar, and population not necessarily growth but saturation.

I told them to do the same thing you are doing just stash it away and wait.

Quote from @Sarah Kensinger: In some properties we might stash some under the bathroom sink in case a guest forgot theirs, but it's not something common we do.

Hi! I’m curious how you all store savings for things like reserves, CAPEX, etc. Our property has cash flow and according to the many bigger pockets podcasts I’ve listened to you shouldn’t just pocket all cash flow but...

They argue that the first few years maintenance would be insignificant since the properties are renovated, and so you're essentially stashing that money away for the future maintenance needs. 

These things are supposed to be lifetime-warrantied, stainless or stainless-coated brass -- the base metal on this cheap piece of crap has just been eaten away to nothing over twenty or thirty years of city water, maybe it was reused from a previous vanity, who knows.Thankfully, I have quite a few bathroom drain assemblies that I got for free thanks to a side hustle in my materials stash, so it wasn't a big deal to replace it.

Personally, I'd tell the 2 jokers there jazzy-BS didn't work, obviously, and I'm not going to join their circus of dumb.

@Scott L. the issue with the idea of using the 10k to just pay down the principal is that then it's gone and you can never see it again - in a HELOC you can take it back if there is a need for it in the future.The next step on this ideia is that you have a HELOC as your emergency stash, so that you can always access it if there is an emergency, but you don't pay any interest if you don't and you don't have money sitting around in a checking account or under your mattress.

I remember back when I first dipped my toes into real estate investing...around the time I’d hoarded my first serious nest egg like a squirrel stashing acorsn...I had something close to your $80K set aside.

I think that says all we need to know about these jokers.