What to do with $30,000 cash!?

[Hudson Walker]

Hello fellow BPs! I’ve worked and saved up about $30k. I want to get into real estate investing, but not sure if $30k is enough.

My long term goal is to have enough long term and short term rentals to quite my 9-5. I estimated that if I can generate $6k a month then I am FIRE! Although, I know it’s never free, you’ll always be working on your properties and you should.

So if I get 20 long term SFH all generating $300 a month in profit then I can achieve my goal. But how to get to there.

I don’t want to just dump all $30k into one rental. It would take forever to get to 20 homes.

Thoughts?

[Hudson Walker]

@Jason Allen it’s 2020. Nobody uses PayPal anymore 🤣