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Updated over 7 years ago,

User Stats

35
Posts
12
Votes
Chandler Smith
  • Lakeland, FL
12
Votes |
35
Posts

Advice on investment

Chandler Smith
  • Lakeland, FL
Posted

So a year ago I made my first post here on bigger pockets. After seeking advice here on BP one of the PRO members told me I needed to slow down and educate myself. I have listened to all of the podcasts here on BP and have saved up a nice chunk of change. $25,000 to be exact. I am extremely motivated to dip my toes in the water but I am having trouble deciding if I want to invest in multi-family properties to rent out for residual income or if I want to invest in REITS to gain some more capital. There are several multi-family properties that are fairly priced. Any input on what strategy is you think is best for a beginner or any other investment options that $25,000 could work well in.

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