Seeking Advice on Best Options for Parking Multifamily Reserve Funds

[Gerardo Waisbaum]

Hi everyone,

I am a multifamily property operator, and I am looking for some advice on where to park our reserve funds. Currently, we have them in a money market savings account, but I believe there are better options out there that offer higher returns while still being liquid and low-risk.

I'd love to hear from other operators:

• Where do you park your reserve funds?
• What kind of returns are you seeing?
• Is anyone using money market funds for this purpose?

Any insights or recommendations would be greatly appreciated as we evaluate the best strategy for managing our reserves.

Thanks in advance for your help!

Best regards,

Gerardo Waisbaum