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Updated over 8 years ago on . Most recent reply

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7
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Ryan Chenevert
  • Baton Rouge, LA
1
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7
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What would you do with $160,000 to invest???

Ryan Chenevert
  • Baton Rouge, LA
Posted

What would you do with $160,000 to invest???  Newbie wanting to get involved with real estate investing.  I'm in Baton Rouge Louisiana #rallypossum

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Robert Leonard
  • Investor
  • Lafayette/Baton Rouge, LA
914
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1,468
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Robert Leonard
  • Investor
  • Lafayette/Baton Rouge, LA
Replied

I would not tell too many people, first.  Then go out and invest like you have no money and see what's possible.

You'll get a lot of suggestions, but it boils down to your level of risk tolerance and what your goal(s) are?  No matter what strategy you pursue, you should keep about 20% as a cash reserve.  And expect the unexpected!

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