What do you do with your positive cash flow?

Question

Just like the title asks, what do you do with your positive cash flow on each property? Do you use that money to pay more on the principal, do you save/invest that money, or do you use for other things?

Account Closed · Answer

I used to donate 10% but have gotten away from that. I want to start again. The rest is saved for R&M (it just put on 2 new roofs) and to purchase another house.

Josh Bryan · Answer

The property flows about $200 after all expenses. I am just putting that money into a higher interest savings account for now.

Timothy W. · Answer

Reinvest and create contingency funds...for now.

Donny Random · Answer

Pay down principal. Depends on your situation.

Fred Smith · Answer

I would save it and start to look for the next investment.

Michael Rossi · Answer

Eat, make the house payment, pay bills, pay for fuel for our personal vehicles, go on vacation, go snowboarding, etc, etc, etc. (living)

Mike

Doug Dias · Answer

Donating a percentage is great guys. I'm glad there are still good people in this world.

Michael Shadow · Answer

We donate 10-15% to charity, consume 10% and reinvest the rest back into the business (more properties or capital improvements on existing ones) to speed it's growth. Once we hit our target cashflow we will likely increase our donations and consumption to around 25% each.

-Michael

What do you do with your positive cash flow?

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