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Updated almost 3 years ago,
What investment method should I use with $130k
Which investment strategy would you recommend my wife and I use to maximize monthly cash flow? My wife and I sold our two rentals a couple of months ago, now after selling we concluded that we did the wrong thing. We should have did a cash back refinance to continue investing with that money.
We are now sitting stagnant with $130k in our account. That’s roughly what our CPA said we could count on once we pay this years capital gains. I should have consulted our CPA prior to selling, that 1031 tax deferred exchange I recently learned about the hard way would have been helpful. You live you learn. Aside from that mistake what should we do to maximize cash flow with multiple rentals?