What to do with extra cash?
Hello Bigger Pockets members, in your opinion what is the best way to invest in real estate without purchasing property or buying a REIT? Say someone has $20,000 cash and its just sitting there, and cant be used for retirement accounts because they are maxed, and the person has no debt. Curious to hear suggestions.
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If you already have an investment property perhaps you could renovate to add an extra bedroom and get the rents up. I just got quotes for a basement egress window at $5400 a property where I think I can significantly increase the rent.