Hello All,
Long time member, but not been on here in a few years, recently i have been trying to expand my investing and purchase another rental property, but over the last year i have had no luck with that due to sky high pricing in my area vs rental pricing. I am still a learning investor, but i was curious what are all the ways people store money while they hunt for investments. I have a rather large sum of money from an insurance claim on one of my rental's that burned down recently and i feel its wasted just sitting in a savings account.
If you could, please enlighten me best idea and explain a short reason why...
Only requirement is the funds have to be easily obtainable due to search for another rental in my local area and would need the funds for purchase in a short amount of time if needed.