What investment method should I use with $130k

[Raul Ortiz]

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?

[Conner Olsen]

@Raul Ortiz I target 30-day rentals on Airbnb. I am able to double my rents and have 3-5% vacancy with very little headache from the tenants!