Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
100K a year of personal capital to invest! What would you do??
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