150k to invest in...

12 Replies

Just a typical conversation starter of where or how to park your money best

"Best" is different for everyone. It depends on your investment goals. I would use it to buy a few rent ready, cash-flowng multi-family properties and maybe a fixer to BRRRR.

@Pete T.

Awesome dog.

@Jason DiClemente said it best (no pun intended).  The definition of "best" varies from person to person.  You are obviously on BP because of your interest in real estate so that's a good start.  Now it's about finding out what kind of investing interests you the most.  Once that's established, you will be able to answer this question.

Personally for me it's about building passive income through real estate.  

Best of luck!

Thanks for the quick replies.  I get everyone' best is different, hence the discussion.  For instance, that might be the down payment on 1 multi fam for me.  It might be a couple of places in cash for someone else, notes, a loan, business startup, a flip, debt pay down, a partnership, etc.  Passive real estate would be cool, but seems like an expensive, low return game.

@Pete T. What type of returns are you looking for? Depending on the market, you can get 10%-15% through buying a "turnkey" multifamily, and much more using the BRRRR method.
Originally posted by @Pete T. :

Just a typical conversation starter of where or how to park your money best

 Buy multiple Turnkeys in the Midwest by using 20% down. 

@Tom Ott good call.  We missed on some Midwest properties that would of done well.  @Jason, which of those do you prefer and why?

I love the BRRRR strategy. Little, if any, money out of pocket when finished, instant equity, and a fully renovated property to rent. The downsides are that upfront, they can be cash intensive, and they take at least 6 months from start to finish.

The best way to invest it really depends on what your goals and risk tolerance are so it's hard to say from afar.

Ok, I'm going to clarify a little.  I was asking to hear individual answers, not necessarily for me, but to generate ideas of what people would do in different locations and situations.  So I'll add a scenario for discussion.  Same cash, in southern California, owns between 2 and 3 million in sfh and small multi, with half of it leveraged and looking to retire in 2 years.  Let's say the rental income currently just covers business and living expenses

In that situation, I would liquidate my portfolio, and take my $1.5 - $2 million, and become a private or hard money lender.

Thanks for the link.  I'l check it out

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