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Best Way To Invest $160,000
We’ve never invested before, but our dream is to invest in real estate. Assuming we get the full $160,000 profit from the sale of our current house, what investment would put that money to work most effectively?
We’re in Ogden Utah. Houses here are expensive. We like the idea of multi-family, but don’t know how to find them or by them.
ultimately we have this super random dream of turning barns into wedding reception venues (my wife’s good at that kind of thing).
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What are your goals? Are you looking for short term income or long term wealth?