Inherited $150k..... NOW what??

[Klint Ruud]

A friend of mine recently gave me a call a few days ago seeking advice. He recently inherited $150k and wanted to start investing in real estate. Naturally, I told him to first go learn anything and everything he could about real estate, then we could talk. He has a stable W-2 job producing 100k/year and an additional savings of 50k. Obviously, I have my own bias advice as to what I would do with it but I thought I would throw it out there to see what kind of strategies others might have. 

SO... if you were given $150k, what would you do? Looking for a DEEP DIVE. Obviously, basic strategies like house hacking, BRRRRs, Flips,and 1% rentals are all great but how much would you leverage? Would you go one flip at a time and buy all in cash? Would you finance... how much? Would you do SFRs or multi-family. Considering Nashville and the surrounding markets as the point of entry.

**Always happy to hear from investors that have their money in the stock market as well!**

[Brian G.]

@Klint Ruud this is not a fruitful question because most of us would answer this based on what we would do which is related to our goals, experience, resources, investing strategy, etc. You’ll just get 11 different answers from 10 different people. The first step for him is education so he can develop his own strategy based on his own situation since it’s highly personal.