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 almost 7 years ago on . Most recent reply

User Stats

99
Posts
60
Votes
Franky Davis
  • Rental Property Investor
  • Moultrie, GA
60
Votes |
99
Posts

100K a year of personal capital to invest! What would you do??

Franky Davis
  • Rental Property Investor
  • Moultrie, GA
Posted

Hello to all! I'm new to the forum and am loving it thus far. Kind of a generic title to the post. However, I am interested to hear what the veterans/other newbies would do with my situation. I'm going to be coming out into practice as a surgical sub specialist in orthopedics in about 3 years. This will give me a drastically large increase in income! My wife and I hope to have around $100K per year to invest after tax beneficial traditional investments including a college fund. We are blessed to have this opportunity but it was definitely a massive sacrifice and alot of hard work. My question is this: How would you go about it? I love the buy and hold of commercial small multifamily. However, I'll be busy and my most productive time will be in the OR so time is probably the limiting factor. Would you just partner up and be the provider of capital? Would you just say separated from the actual "on the ground" involvement and invest in REITs. I guess my question is this, do you think it is reasonable to assign roles utilizing subcontractors and utilizing property management companies? Would you partner up with an experienced investor who would predominately handle the property management aspect? I will already be losing some sleep for medical call and am worried about losing the rest (whatever's left) being a landlord. Thanks and hopefully people will have a hay day with this discussion because I'm very interested in what people think about this!

Thanks everyone!

Franky

Most Popular Reply

User Stats

4,908
Posts
13,015
Votes
Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
13,015
Votes |
4,908
Posts
Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
Replied
Originally posted by @Account Closed:

If learning the nuts and bolts of RE is what you want to do. Syndication isn't for you. 

I can't imagine Grant Cardone or his peeps  buzzing investors everytime he is going to do something. 

People learn a lot about their level of interest in active investing once they try it.  You don't see many orthopedic surgeons running direct mail campaigns, bidding on properties at the courthouse steps, fostering broker relationships, walking and vetting B and C class apartment communities, supervising flips and rehab, etc.  The only ones that do are the ones who want out of medicine.

Loading replies...