Investor · Reseda, CA · Member since 2019 · 297 posts · 151 votes
Very interested in hearing people's investment strategies in real estate. What do you do? What are you passionate about? What kind of returns do you target when investing? How hands-on are you? How scalable is your investment approach? If you won or inherited or otherwise suddenly had $1M in cash, how would you use it to expand your portfolio? Or accelerate your wealth creation?
It just depends on where you're starting. Someone nothing that doesn't know money; better of paying all consumer debt, buying a house cash, and living simply with any leftover in some form of equities & gold. Someone with a REI background, likely lower LTV higher quality properties in areas they like.
I don't "chase" return percentage. You don't control the outputs, just the inputs. Focus on that.
Sure but the question is about you, not others. What would you do with a $1M? What type of investing do you know how to do?
$1m doesn't really move the needle--continue doing what I am doing seeking value add properties in Austin, Phoenix if we're talking strictly REI at the SF level with personal portfolio.
Otherwise, seeking high quality commercial 2-3 unit location in Utah, AZ, or NV, to add a Culver's and rent out the two other units in the FO portfolio. Ideally sub 40% LTV.
Totally irrelevant, because I don't matter. And those metrics don't matter. What everyone does will be so individual.
My advice about the folks that know nothing is for the 97-99% of folks on here; pay down consumer debt, buy your primary house full cash, invest in "passive" stuff like 60% etfs, 10% gold, 30% bitcoin and relax. You're not cut out for this new "high" rate era with extreme dollar devaluation coupled with housing scarcity, you're being pushed out. Embrace and it play some offense, not defense, and try to beat the dollar devaluation.