It'll be your oops surprise stash for the new Myrtle Beach properties.3.

The only joker in the deck is the amount of patience it will take given the status of the new tax reform bill.

There was one podcast I listened to recently where the investor started with a few properties bought in cash, and he stashed away all of the cash flow after expenses and reserves.

We call them "joker brokers" Im sure you can guess whyTheres a saying thats apt.

Sure, I took all your advises and stash away 10% from all the earnings in case of repairs...The reason why I do buy these far away properties is two-fold1.

Keeping the money stashed away in savings for a period of time allows the “vanity” of it go away.

It could just get complicated as you can imagine trying to allocate the sales side and then the purchase side for all the various types of property.The joker in the deck is the potential elimination of 1031 for personal property. 

Historical PricesSource: https://www.financialsamurai.com/are-you-a-real-mi...We had the dot-com bubble in the late 90's, followed by the housing crisis (collapse) of 2008, and in my opinion the dollar is the next bubble, see Forbes article below:https://www.forbes.com/sites/kenrapoza/2015/01/26/...Additionally, if you do agree that there is a much higher inflation rate than the Fed reports, stashing cash and earning interest below 8% is a LOSING proposition.

@Jay Helms after traditional tax deferred places to stash cash rental properties seem like a diversified place to build wealth and supplement income, plus I like that similar to investing you can create a strategy that’ fits your risk tolerance, time horizon and available time.

Just a beginning to my ultimate goal of true self employment.Keep listening to podcast, reading blog post, and stashing the cash.