Ask Terry Questions Savings for Real Estate

Savings for Real Estate

By Terry Savage on April 30, 2020 | Housing / Real Estate

Hi Terry, My partner and I are looking to buy real estate investment property in the next few years. In your opinion, where would be the best place to put some of our savings in the mean time, to earn some interest. Rather than just a Wintrust savings account. Something with not much risk. Thank you for doing what you do. As a woman I especially appreciate you and your website. Stay Healthy!

Terry Says

A Wintrust money market account is the safest place you can put it. Don’t be greedy! Keep your money safe until you are ready to buy! (And think twice about buying in Illinois. There is absolute certainty that both property taxes and income taxes will rise!)

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