Updated about 4 years ago on . Most recent reply
Starting Real Estate Investing
Hey everyone! I am in the 3rd chapter of The Book On Rental Property Investing and am really excited to begin this journey! I really like how involved and supportive everyone is on the Forum.
My wife and I bought our first home back in 2020 and luckily are able to rent out 2 of our rooms to help with the mortgage payment. We are starting to save to buy a second home by the end of the year and rent this one out to a family or group of friends. Any advice on w here the income we are saving should go into? I currently transfer this money into a High Yield Savings account, but can't think of another account that is safer or can help my money grow more.
Any thoughts? Opinions? Ideas? Tips?
I appreciate you guys!