Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Austin Murphy
0
Votes |
2
Posts

First time investor from Tech

Austin Murphy
Posted

Hi all - I’ve had a pretty serious windfall recently and had an exit from a startup and a new role at a major company with a pretty crazy compensation structure. 

I have about $500K cash and will additionally have about $75k every 3 months or so to invest.

My plan was to buy a rental property every 3 (50k from savings and $75k from quarterly RSUs = $125k) months until I have 10 properties, then save up and take stock, reassess, etc.

Most Popular Reply

User Stats

265
Posts
176
Votes
Bruce D. Kowal
#3 Tax, SDIRAs & Cost Segregation Contributor
  • Metro NY + New Bedford
176
Votes |
265
Posts
Bruce D. Kowal
#3 Tax, SDIRAs & Cost Segregation Contributor
  • Metro NY + New Bedford
Replied

No one asked me, but with that savings, you should consider medical school.  

Loading replies...