Investing My Capex/Repair Budget
Hello Everyone,
So I’m about to close on my 4th property (3 duplexes, 1 SFH). Decent cashflow and I set aside a pretty significant amount for Capex/Repairs and don’t spend the cash flow (it sits in an emergency account).
We are starting to build that up to about 20,000 or available funds for 4 buildings. That would cover a lot of emergencies, but I’m to the point where I’d rather at least earn something with my Capex/repair savings but have it fairly liquid so that if we get hit with a lot of repairs at one time I can easily withdrawal the money.
Does anyone have any good suggestions for an investment account with low fees that I could park this money in? While still keeping my cash reserves separate of course.