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Kevin Fletcher
  • Denver, CO
160
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185
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Where to Keep Cash Between Projects

Kevin Fletcher
  • Denver, CO
Posted Mar 30 2014, 03:34

I was thinking of selling a 3-plex I have in Denver. I will not be able to reinvest the money for a few months after the property is sold. So, I have a simple question: Where do people keep large sums of money in between projects/Deals? Is it as simple as just keeping it in the checking Account? If it is, are you worried about having these large amounts in one place, at one time? Maybe you have other ways of storing money while keeping it relatively liquid, and available for another deal?

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