Saved $250k, where should I start?

[Eoin Bolger]

Hey guys, so I have my own business and over the past year or so I have saved a substantial amount of money. My question is: Where should I start or what kind of deals should I be looking at?

My goal is to eventually create a portfolio of properties that will pay me $20k a month in monthly income, obviously, I am aware that this takes time and a large enough portfolio. But I have to start somewhere! 

[Brian Garrett]

You should never disclose having $250k cash on a public forum especially when you mention that you are new. Be prepared to get a lot of colleague requests and inbox messages from people looking to sell you what they specialize in or people telling you how to spend your money on what's best for them rather than how to invest it in what's best for you. With that being said my advice would be to first ignore those colleague requests and messages and second to listen to all of the podcasts here on BP, read through all of the forum posts, attend some of the webinars and really learn about the various ways to invest in real estate. There is a wealth of knowledge here and virtually anything you can think of has already been addressed and discussed.

Good luck and congrats on deciding to start your investing journey!