If you suddenly had $200,000, what would you do with it?

Find 5 CASH FLOWING properties at $40k down each and get a solid real estate portfolio going.

@Justin Wotring I think this answer depends a lot on your situation. Do you have the time, ambition, and skill-set to tackle some value add renovations? If so, maybe go that route and BRRRR a few properties to build some reasonably fast equity. Or.... do you have no time or desire to work on and/or manage your own properties? Either because you just have no interest or maybe you work a 60hr/week day job that you love and pays you well. In that case I'd look at a much more passive route like investing in syndication deals or maybe just do some private lending. Either way, I'd diversify in multiple property acquisitions or multiple investment deals so as to spread things out a bit. You'd hate to lose your entire $200k if something went sideways on one project.

I would buy 200,000 scratch off tickets and cross my fingers hoping to hit it big

@Justin Wotring put into a self directed IRA and buy rental properties with the money

@Justin Wotring Step 1: use the BP search function to search for the millions threads that ask this exact question Step 2: Realize the BP search function isn’t the best, so switch to google and repeat step 1. Step 3: Realize that this question is highly dependent on personal situation and goals. Step 4: Profit

I agree with Ryan. The answer is "it depends". If you want it completely passive, your options are:1. REITs2. Apartment syndication deal3. Tenants-in-common where you own 50% (or whatever percentage) of the house while the active partner does all the work4. Private lender5. Buy land and wait it out If you can put in the time, have the skills or can develop the skills, you can invest actively in real estate:1. You can put $200K as downpayment on a $1M multi family2. You can buy a house cash then do BRRR3. You can buy non performing notes, foreclose on the property to own it, rehab it then rent or sell it4. Or you can partner with other investors - say, with another investor who has the property and you can use $200K to renovate it, increase the rent and the value5. Buy land and develop it or develop a lot from a landowner

@Justin Wotring 1) I'd refrain advertising how much funds I have on social media. In fact, I'd recommend taking such post down all together. 2) Since there're many posts like this one, I'd (a) search through BP and (b) Google it. 3) If your preference is to invest in RE, then decide how active you can/want to be in RE investing. Here's a guide to help you: https://www.biggerpockets.com/member-blogs/10850/84064-what-type-of-investor-to-be-when-i-grow-up-active-or-passiv 4) Once you answer #3, research the various niches within it and decide what suits you best. Learn it inside out. 5) Only after you complete #4, take action. For more ideas, feel free to PM me. My best!

I would buy a large commercial apartment building that is currently being mismanaged, with under market rents, utilizing seller financing if at all possible.

@Joel Johnson while you definitely need to research the various investment opportunities, please don’t miss the fact that you need to research the people you’ll become involved with equally. Happy to share some war stories where I’ve learned the hard way!

I have a finance degree, a CFA and I read A LOT and listen to podcasts. Just never stop looking for new ways to keep learning. I would be happy to help in anyway that I can in your journey towards learning about money and finance.

What would you do with $200k?What would you do with $200k?

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What would you do with $200k?

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