what strategy for $300K cash?
I've decided I'm going to liquidate my holdings (SFH's) in an appreciating market. I should come away with $300K. Would love to get seasoned investors advice on what they would do with the cash. i.e. SFH's package? MF property? Major metro area or tertiary market? It would likely be an out of state investment as my local SLC market is way too inflated for my cash flow goals. My goal ultimately is to work toward 10K/month net passive income. I realize I will get several diff't answers which is exactly what I'm looking for- to see all sides of the cube. thanks in advance.
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@Kate Weinberg depending on whether you want your cash flow to be active or passive you could become a passive investor in a MF syndication and probably fetch between 8-10% cash on cash annually. However, you typically have to be an accredited investor to participate. Message me if you have any questions! BTW, I used to live in Provo and miss Utah!