All Forum Posts by: Don Johnson
Don Johnson has started 1 posts and replied 2 times.
Thanks to everyone for your insight. I’m not opposed to multi-fam, just not sure if the potential for appreciation is as great as houses in certain areas. After reading countless RE books, my main takeaway is that I need to jump in and get my feet wet. I’m not in a hurry to buy asap, and want to make sure I find a great tax advisor to help my identify which asset class can best complement my current main source of income.
I live in Park City, UT and am interested in starting my investing business to complement my main source of income. I have ~$275K in cash and am more interested in building equity than cash flow. I'm looking for ideas - which area and asset class I should invest in. All recommendations are appreciated!