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Updated over 3 years ago on . Most recent reply

User Stats

175
Posts
96
Votes
Mike Eichler
  • Realtor
  • Pocono Pines, PA
96
Votes |
175
Posts

I need some opinions on investing with saved up money

Mike Eichler
  • Realtor
  • Pocono Pines, PA
Posted

I have saved around 200K and have been doing some research on what would give me my best ROI on my money. Some things that I have thought of would be allocating them to ETF's or IRA's or something like that. I have also thought about using it to do the BRRR method or house hacking. Im not sure on those because I like the idea of diversifying my money. If you have any insight opinions or suggestions please let me hear them.

Most Popular Reply

User Stats

348
Posts
171
Votes
Kenneth Mooney
  • Rental Property Investor
  • Augusta, GA
171
Votes |
348
Posts
Kenneth Mooney
  • Rental Property Investor
  • Augusta, GA
Replied

@Mike Eichler agree with Jim here but if you are most comfortable with IRA and ETF I'd recommend going both routes. $100k is more than enough to purchase 1-2 rentals in multiple markets and their are many ETF's that you could buy as well that I'm sure you would feel comfortable with. Why not go 50/50?

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