What would you do with $2.5 million dollars cash?

[Stuart Humphreys]

If you were going to invest all of it into CRE how would you do it? Split it up? One big purchase? Use it as a down payment and take on debt or no debt?

[Michael Le]

Warren Buffett said “Keep all your eggs in one basket, but watch that basket closely.” 

Since my focus is multifamily I would probably spread that $2.5m across 20-30 properties located across multiple MSAs. That would be my eggs in one basket in terms of asset class yet diversified from the perspective of market.