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Updated about 6 years ago on . Most recent reply

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Joseph Schreiber
  • Residential Real Estate Broker
  • Seattle, WA
2
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Starting out and need some advice.

Joseph Schreiber
  • Residential Real Estate Broker
  • Seattle, WA
Posted

Hello, 

I am 25 years old and I live in Bellevue, Washington. 

I have around 600k in cash from one of my businesses that I just sold. I want to get into real estate and increase my monthly cash flow as much as I can. Would love some help and opinions on what I should do with the money. 

Should I invest in the stock market, rental properties, flips, etc? 

I also have my real estate license. However, I do not do much with it. More focused on building my other businesses.

Thanks in advance for you help.

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John Warren
Pro Member
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
5,055
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6,015
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John Warren
Pro Member
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
Replied

@Joseph Schreiber I would begin educating yourself on multifamily, and would look to deploy your capital into apartments. I would not move extremely quickly though, as you will want to have the education necessary to do so. Start going to meetups and see if there are local multifamily folks you could learn from. Maybe partner with successful local folks?

  • John Warren
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