What to do with Cash Flow

[James Zobrisky]

What is everyone's best advice for where to store your cash flow. I currently have a single family property averaging $330 a month in cash flow which is going into a basic checking account seperate from personal. This account is also used for any maintenance the property may need. Does anyone have any advice on a better strategy to earn interest with the cash flow being produced? Does anyone utilize high interest savings accounts for their cash flow. Any advice or suggestions would be great!

[Robert Ellis]

Quote from @James Zobrisky:

What is everyone's best advice for where to store your cash flow. I currently have a single family property averaging $330 a month in cash flow which is going into a basic checking account seperate from personal. This account is also used for any maintenance the property may need. Does anyone have any advice on a better strategy to earn interest with the cash flow being produced? Does anyone utilize high interest savings accounts for their cash flow. Any advice or suggestions would be great!

James, good question! Keeping your cash flow separate is smart, but you might as well make that money work for you.

I’d look into a high-yield savings account or money market account—at least you’ll earn some interest while keeping it accessible. Some investors also use a business line of credit backed by their cash flow, which can help with future deals.

If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns. What’s your long-term plan for the cash?