Best Way to kick off investing with 750K

[Jerry Shank]

Relatively new to real estate investing. In a unique situation (at least for myself) and wanting to get ideas. Recently have come into 500K and looking to see best recommendations on how to move this into real estate. Have done STR for the past few years and am strongly considering going deeper into it. Goal is to make real estate main source of income and sights are on best cash returns while building a portfolio. Just wanted ideas about how any experienced investor would recommend to go about investing this with the goal of getting the best return immediately and then continue to scale. Thoughts, ideas are appreciated.

[Melissa Justice]

@Jerry Shank,

With $500K and STR experience, you're in a great spot to scale. If you're focused on cash flow now + long-term growth, I’d seriously look at turnkey rentals in the Midwest and Southeast.

Plenty of sellers are offering strong incentives right now:

• -Interest rate buy-downs
• -Cash back or credits at closing
• -Rent guarantees for 6–12 months
• -PM in place = truly passive from day one

Markets like Birmingham, Cleveland, and San Antonio/Dallas/Houston, TX still cash flow well, and you could pick up 5–8 properties using 20–25% down + reserves.

This gives you a solid cash-flow base, letting you layer in higher-yield STR/MTR plays without being 100% reliant on them. Great way to build a portfolio and get out of the feast-or-famine cycle STRs can bring.

Always happy to chat more about what has worked for other investors. Best of luck!