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Updated 4 months ago on . Most recent reply

User Stats

6
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4
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Gabriel Akinyemi
4
Votes |
6
Posts

I have more money now, what to do?

Gabriel Akinyemi
Posted

To make long story short. I brought my first 3 family in 2023 after taking a course on how to do it. In 2025 in January, my house caught fire and it a total lost. . Insurance paid me out, what path  I should consider to maximize?  I was thinking buying a commercial building with 5 or more units. My other options are buying multiple multifamily family ( residential not commercial). I also want to dig into fix and flip and considering short term rentals or insurance for displace individuals or family. Any ideas will be appreciated.  I am looking to do this in connecticut. 

Most Popular Reply

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163
Posts
61
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Micah White
  • Real Estate Coach
  • Chicago, IL
61
Votes |
163
Posts
Micah White
  • Real Estate Coach
  • Chicago, IL
Replied

Sorry to hear that about your property. But you've come to the right place, Gabriel. Honestly, given that the CT market is pretty tight, i'd be curious to hear how much cash you have to put towards your next investment. That would help me come up with a better fit solution for you.

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