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All Forum Posts by: Thomas Slocumb

Thomas Slocumb has started 1 posts and replied 2 times.

Post: 25y/o no debt, 1 house, 60k in the bank. Now what and where

Thomas SlocumbPosted
  • Registered Nurse / Realtor
  • Rancho Cucamonga, CA
  • Posts 2
  • Votes 2

@Jim Pellerin  Thank you for the idea, I'll look into it!

@Aaron K.  Most likely Birm. Alabama / huntsville AL, Indianapolis, or Texas.  Not too sure though. 

@Sam Wilson  Thanks for the pointers i definitely don't like the 2.3% either it was just a temporary place for better than my checkings 

Post: 25y/o no debt, 1 house, 60k in the bank. Now what and where

Thomas SlocumbPosted
  • Registered Nurse / Realtor
  • Rancho Cucamonga, CA
  • Posts 2
  • Votes 2

Hello great people in the bigger pockets community. I want to keep this short and sweet and hear where and what people think I should invest in.

I’m 25, 0 debt besides my mortgage. I live in a house in SoCal with 2 roommates who pay me rent. I make 120k gross a year from my 9-5 and do real estate on the side (licensed realtor, usually do like 3 deals a year ish.) currently have 60k in the bank. Do I invest now and do I go out of the state? Do I wait a year, stack more paper and get my 2.3% money market return on my savings for another year or so and grab more units all at once. If you have time, Tell me your thoughts and why.

Thanks a lot.