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Updated over 5 years ago on . Most recent reply

User Stats

19
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18
Votes
Turo Tales
  • Rental Property Investor
  • Fort Bliss, TX
18
Votes |
19
Posts

Made $150K on our first property. Now what?

Turo Tales
  • Rental Property Investor
  • Fort Bliss, TX
Posted

My wife and I purchased our first property in 2013 and just closed on the sale after renting it out for 4 years. We made $170,000 on the sale of the house.

We want to invest most of it in real estate. I'm an Apache Helicopter Pilot in the Army (currently deployed).

What has worked for you? If you could start out with $150K, what would you do?

I'll continue to read the forums to seek knowledge & wisdom.

Thanks!

Most Popular Reply

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13,365
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19,402
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,402
Votes |
13,365
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

What's your plan? It all depends on your plan. Random answers or suggestions won't help you. My first suggestion (not random), is for you to build that plan before you make any other moves. You wouldn't think of sending your chopper into battle without one...REI is no different.

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