Looking to Invest 150k!!! IDEAS???

[Jr Trotta]

Good evening BP!

I Currently BRRRR in PA & have 10 rental units, majority section 8 rentals. I'm in RE for the cash flow as I want to replace my salary with cash flow income, monthly. I currently completed a personal milestone of mine over the last 3 years I tried my hardest to save 50k per year. fast forward I now have 150k liquid for real estate investments. Please note I currently have a 401k/IRA that I max annually along with an investment fund thatI save 4k per month toward as well.

my Big question is, would you take the 150k and reinvest into the investment fund? OR would you use the 150k to invest into a large multi family? OR would you use the 150k to purchase 4 or 5 debt free section 8 homes in the area of PA I am currently in???

this is how i see it...

1 - Investment fund will gain 7-10% over 30 years but I want the cash flow now.

2 - Buying a bigger building is like an investment fund with a bit more management but tangible. 

3 - The free and clear section 8 properties will be paid off & only worth 30/40k per property will little appreciation but will bring me $700-800 cash flow per door free and clear. 

I am really seeking some good help here. thank you all!

[Aram Kenneth Honore]

If at all possible I would try to diversify away from Section 8 housing. If there's every any issues with that program you would get stuck. Outside of that as the saying goes if it ain't broke don't fix it. You are an expert in residential investment property, it's working, and you've grown over the years. Keep growing your rental portfolio, and just wait for a market spike (there's always one every 10-15 years) and cash out then if you like. KISS (Keep It Simple Stupid) is always the golden rule, the more complex you get the more something can go wrong. Stick to what you know. Single family homes are always more liquid and easier to collateralize if you need cash in a pinch.