Updated over 6 years ago on . Most recent reply
Strategies for a kitty of 2M
We have around $2million kitty (little less than that).
We have done investments before but they were around 60-70k, so this amount is way more than what have handled before.
We still hold the previous investments but were wondering if :
1) we should split that amount into 70k each and continue doing what we were doing (SFR)
2) or should we step up our game split it into 3 tranche of 600k each.
3) or just do 1 investment - no diversification.
We have been investing for around 2 yrs now - learnt a lot from BP - returning to it after almost an year after applying my lessons from here.
Looking for ideas/criticisms.
I have other questions but i guess they will spring from responses below.
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#2 Land & New Construction Contributor
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#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
@Sanjay Raj a lot depends on how active and involved you want to be. You could easily double that in a year with doing flips and small infill development projects.
If you are looking for maximum cash flow a single commercial or multifamily property would be the best use of the capital.
If you are interested in a completely passive approach you could invest as an equity partner in a deal or two.