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Updated 8 months ago on . Most recent reply

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Ryan Schmelzer
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Real estate investing with my inheritance/savings?

Ryan Schmelzer
Posted

So, last month I was laid-off from a job I held for about two years. Oddly enough, it feels like a blessing in disguise because I had grown tired of it. Despite being remote, I felt confined to my desk every day with little mobility, and the heavy emphasis on commission made it a rollercoaster experience.

During a recent trip to the States (I'm Canadian), I had a realization. After speaking with several successful real estate investors with multiple properties. That I could take some of my inheritance and savings, around $400K total tied up in investments with TD Waterhouse, and using a portion of it to invest in a rental property(s)

Currently without a job and hesitant to return to a similar situation, I'm at a crossroads. Does anyone have advice or experience they could share?

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