Investing with $150k to start with?
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.
Most Popular Reply
@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!