Starting fresh to build a portfolio.
I recently inherited a decent sum of money. I could let it sit in an investment account and get me 12% a year, but I'm thinking longer term. Was considering taking $150K of it and buying a few rental properties. I've seen a bazillion youtube shorts and fb reels about real estate investing and it was something I looked into years ago but never pulled the trigger on.
I see BiggerPockets offers a "bootcamp" but was wondering which one to go through to get the basics before I pull the trigger. There are also 1,000 people that have similar courses but picking the right one seems daunting. Is there any advice from you all about where I should start?
Most Popular Reply
12% is a great return
I personally think real estate is a bit risky for new investors given the high interest rate + high purchase price.
I would hold off until prices come down or the interest rate drops.
With that said - I would continue to invest whatever you are doing and make that 12%
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