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Updated over 5 years ago on . Most recent reply

Account Closed
2
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Investing with $150k to start with?

Account Closed
Posted

Hello, I will be moving back to the USA this time next year and will have around $150,000 in cash to invest in.

I have never invested before. I would like to eventually have a string of real estate investments that generate good income.

What would be the best way to invest? I would like to have rental properties. But if it’s smarter to invest some other way, I’m fine with that as well.

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Cameron Tope
  • Property Manager
  • Katy, TX
1,388
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Cameron Tope
  • Property Manager
  • Katy, TX
Replied

@Account Closed stated above. 

Start building your network of people by going to local meetups. Then choose a market you want to invest in and own it!

The only different advice would be to start with single family homes. They are cheaper and you can always sell to a retail buyer if the property doesn't work as a rental. Whereas in a multi-family, you can only sell based on the NOI.

Also, outside of this post I would never tell another soul you have 150k to invest. If you tell folks you have 150k liquid as a newbie then you're going to have a bulls-eye on your back. 

Educate yourself and start small. 

Best of luck!

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