Question for buy and hold investors..After putting money aside for reserves, what do you do with excess cash from your rentals?

1. Use it as downpayment to acquire more rentals?

2. Use it to payoff mortgage on existing rentals?

3. Use cash for Private money lending?

4. Push money into Other asset classes like stocks or Index Universal/Whole life policies?

5. Just let money sit in the bank for liquidity?

Would love to connect and learn from other smart investors on how you manage money for generating returns on idle cash from rentals.

Spend it on bills.

Buy a new fishing pole!!

Originally posted by @Joe Villeneuve:

Spend it on bills.

 Check that.  Paying for golf.

Some is set aside for maintenance and CAPEX and taxes and insurance. Remember when you bought the property you set a 'budget' that put money in those categories? You should first, before anything else, put that budgeted money aside because the day will come that those budget categories will come knocking at your door.

My properties are all paid off, mostly bought with cash.  If not that would be a priority for me-pay off the highest interest rate debt first.

Some of mine is 'live off' money.  I am retired and planned on this as income.

Some is used to buy and rehab another property.

Buying more SF rental houses and getting into MF passive deals and socking cash away for our own solo MF deal...

@Vamsi Boddu

I would agree put some more away and then re-invent into another single family or move up to a multi family. It’s a great problem to have! Happy investing!!