Patrick Gault
Interest accruing savings account for reserve funds?
Currently, I'm depositing my reserve funds into a generic savings account. But I'm wondering if there is a better low-risk option for that money, which is just sitting there for a rainy day, that would help it grow o...
Ryan Sajdera
Saving for the next rental
Hey everyone, I was just curious to know what everyone does to save up for their next big investment. Do you just put your money into a savings account and let it accumulate as you deposit or do you put that money int...
Kazi R.
Setting up an escrow account for security deposit in GA
I need to open an escrow account to keep my tenants' security deposit. So far I have stopped by 2 different banks to inquire about escrow account, both of which told me that I could just set up a checking account for ...
Deadrick Colbert
Where is best place to put money while you are saving for deals?
Where do you prefer to have your $ while saving for the next deal? Roth IRA? Savings account? Anything different? I'd like to hear where other investors prefer to save for deals?
Garrett Cannon
Investing savings into an ETF
Hi all! I have a few thousand dollars lying around in my online savings account with Ally. I’ve been contemplating throwing in 500 a month out of it into etf’s while leaving a couple thousand for cushion just in case...
Kush Khandelwal
Where to 'park' excess cash while waiting to invest
I'm thinking of doing a cash out refi on my home to use for investing in property. I think I can cash out upto 600K or so with the purpose of using that amount to start down paying for my investments. However I'm unli...
David Harris
Repairs, CapEX and Vacancy Stashing
As a newbie investor, I know I need to stash away money for repairs, capex and vacancies, but my question is where should that money be stashed? Should I get a checking or savings account just to stash that money? An...
Mike Callahan
Earning interest on security deposits in California
I'm curious if anyone has found a good vehicle to earn interest on security deposits? Specifically deposits held by the owner of rental property in California, where it is not required to pay interest to the tenant. T...
Danae Aballi
Bank Savings Accounts
When saving up to buy real estate, are you saving the money in an interest bearing account? I'm currently using Marcus online savings account. You? Any tips are appreciated.
Travis Sterner
Emergency Fund Accounts
Where do you advise keeping your emergency funds. Standard saving, online saving (better rates but higher minimums), short term CD’s, money market... etc?