Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 9 years ago,

User Stats

8
Posts
1
Votes
Charlton Thiede
  • Judsonia, AR
1
Votes |
8
Posts

Ways to make money, when you have money

Charlton Thiede
  • Judsonia, AR
Posted

I'm new on BP and joined after I started listening to Joe Fairless' "Best Real Estate Investing Advice Ever" podcast. It's very motivating to hear other investor's stories. Curenrly I work full time in mental health and I have a fairly considerable amount of capital at my disposal to start my real estate investing business. "Fairly considerable" is relative and vague, I know, but I'm hesitant to post a dollar amount. It's over $250,000. I'll leave it at that unless you want to talk personally. 

I know that having funds starting out is a huge advantage when going into real estate investing but I'm new at this. It would be easy to rush into something and make poor choices. My families goal in a nutshell is to increase our cash flow and for me to be able to move away from full time mental health work. 

Because I am inexperienced and my current knowledge is limited, I am looking to develop a plan for how to wisely invest my money so that it can grow and work for me long into the future. I'm interested in rental properties but I know that there are other ways to make money in real estate. I think ideally I would like to fund my own deals and use earnings to buy rental properties free and clear but I'm looking for sound advice on how to make my dream a reality. I'd love to find a great mentor. 

Here's the big question I have: If you had $250,000 how would you invest that money? 

Loading replies...