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Updated about 5 years ago,

User Stats

2
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2
Votes
Thomas Slocumb
  • Registered Nurse / Realtor
  • Rancho Cucamonga, CA
2
Votes |
2
Posts

25y/o no debt, 1 house, 60k in the bank. Now what and where

Thomas Slocumb
  • Registered Nurse / Realtor
  • Rancho Cucamonga, CA
Posted

Hello great people in the bigger pockets community. I want to keep this short and sweet and hear where and what people think I should invest in.

I’m 25, 0 debt besides my mortgage. I live in a house in SoCal with 2 roommates who pay me rent. I make 120k gross a year from my 9-5 and do real estate on the side (licensed realtor, usually do like 3 deals a year ish.) currently have 60k in the bank. Do I invest now and do I go out of the state? Do I wait a year, stack more paper and get my 2.3% money market return on my savings for another year or so and grab more units all at once. If you have time, Tell me your thoughts and why.

Thanks a lot.

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