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Updated over 4 years ago on . Most recent reply

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7
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6
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Kirk Hawkins
  • Real Estate Agent
  • Los Angeles, CA
6
Votes |
7
Posts

$200,000 in the bank...now what?

Kirk Hawkins
  • Real Estate Agent
  • Los Angeles, CA
Posted

Hey everyone...

If you had $200,000 in the bank...what would you do? 

Buy a house (like my accountant suggests) or buy an income/investment property like a duplex or triplex or 4-plex? Or...would you look into something else?

I don't want to house hack...mainly because I'm 38 and don't want roomies...but I like the idea of my own unit...so an investment property sounds good...or even a house with a guest house...I could rent the front house...live in the back.

Then there's the other opportunities like syndication that don't get messy dealing with property managers, tenants, etc.

Thanks in advance...

Kirk



Most Popular Reply

User Stats

5,752
Posts
3,860
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Michael Noto
  • Real Estate Agent
  • Southington, CT
3,860
Votes |
5,752
Posts
Michael Noto
  • Real Estate Agent
  • Southington, CT
Replied

What would I do? Shut off your DMs on here because now everyone on here knows you have $200k. That is a little bit of a joke, but seriously look out for off the wall investment proposals coming your way. 

  • Michael Noto

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