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Updated almost 5 years ago on . Most recent reply

User Stats

101
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35
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Matt Ridenour
  • Rental Property Investor
  • Michigan
35
Votes |
101
Posts

Action plan vs. Analysis paralysis

Matt Ridenour
  • Rental Property Investor
  • Michigan
Posted

Hello bigger pockets community!  Hoping you are all finding your way in this crazy world. 

I have some analysis paralysis setting in and I'm hoping for a kick of inspiration.

I have 150k cash and 150k line of credit.

 *  It is highly possible I am going to lose my teaching job in the fall. (Music teacher)

 * My wife will most likely keep her W-2.

 * I am currently a single family rental type guy, though I'm interested in multi.

* I tend to do all of my own construction, which can be limiting in terms of scale and deal proximity.

* I'm looking for max cash flow to replace my income as soon as possible.

What steps would you take to maximize the use of that cash?

Thanks in advance for any thoughts!

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