What would you do with $250,000 cash if you were starting out?

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Chris Martin · Answer

See also the 753 posts regarding what would you do with...

Tyler Ansell · Answer

I'd leverage and buy a few small apartment buildings for sure.

Brad Fausett · Answer

Your buddy has two options, Take a deep breathe and try to double up in the casino or take a step back and start educating himself on the world of RE.  Asking what would you do is a quick way to get in over your head on an investment.   Spending time on this forum, reading all the basic books and spending countless days of reading then formulating a plan will leave you with an answer on what to do. The last step is to just get after it, start small and test the waters along with your apptitude for the RE world.

Jennifer Brink · Answer

Kenneth Mooney has the right idea as the rest of everyone on investing your money into rental properties.  I also agree that you should keep reinvesting as Kenneth also said, however once you run out of money you are not broke,  you now have passive income to not only live off of as your rental investments raise in value.  You should not only have enough to live off of but also start paying the first rental purchase off.  You are building wealth not getting rich for the rest of your life as well as your family.  Something you can pass down.  Definitely get educated in the RE business before you start your investing.

Jeramie Hicks · Answer

I would invest in the expanding legal cannabis industry real estate market (huge niche) or growing markets where professionals 35 and under are sticking around like South Bend, In.

Sid Leibowitz · Answer

I would only do short turn around SFR flip and watch out for changing housing climate with Washington DC on edge and drama.

Raj I. · Answer

Thanks for all the great suggestions!

Ben McMahon · Answer

@Raj I.  Buy a decent cashflow property and see if you like the way it tastes.  Get long term financing while its still cheap and make money forever.  Theoretically

What would you do with $250,000 cash if you were starting out?

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