I recently bought my first rental in mid-2020 and wondered how other landlords handle their equity. My bank required 25% down and so far, other then the occasional tool/supplies purchase I have not started paying myself back. My plan is to buy another rental at some point so my initial thought was to leave the money in.
Another related question; I'm getting into rentals as part of a way to diversify my retirement planning. I currently invest 10% of my income into the stock market. Should I consider splitting that and have some go to an account that will be used for rental investments? I know this is more of an investment board question but wanted to see how others in the real estate market handled it. Thanks.
Another related question; I'm getting into rentals as part of a way to diversify my retirement planning. I currently invest 10% of my income into the stock market. Should I consider splitting that and have some go to an account that will be used for rental investments? I know this is more of an investment board question but wanted to see how others in the real estate market handled it. Thanks.