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Updated over 4 years ago on . Most recent reply

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Jordan Richartz
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3
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Newbie sitting on 300k cash

Jordan Richartz
Posted

Newbie sitting on 300k cash, looking to invest in properties/rentals/multi units for a Side hustle...where can I make the most secure and profitable investment(s). Any suggestions? I have no idea what I’m doing.

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974
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Joseph Firmin
  • Rental Property Investor
  • Smyrna, GA
645
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974
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Joseph Firmin
  • Rental Property Investor
  • Smyrna, GA
Replied

Hi @Jordan Richartz, happy to have you here! Get started by being crystal clear on your goals. Where do you want to get to by when? What does life look like? Then back into a REI strategy that supports the speed and scale you want. There are a number of things you could do as you mentioned, so get clear on goals first. If you want to be an active or a passive investor then each will lead you down a different strategy. With your goals in hand, I'd be happy to help with any questions about strategy and execution, tough to make a suggestion without more info - wouldn't want to steer you in the wrong direction.

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