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Updated almost 4 years ago,
Investing inheritance. Need help
Hey guys, need some advice here. So, I've been absorbing so much over the last several months on RE, investment strategies, leadership, business, taxes, etc. I don't exactly know if I'm in analysis paralysis so much as am unable to make a move yet. My wife and I are moving from Baton rouge to Los Angeles in several months for better work. ( I work as a sculptor for movies). We have received an inheritance close to $200k and are looking to invest. My question is this: do we try to start from scratch in, from what I understand, an extremely competitive market in LA or should we invest in properties in our current local market in Baton rouge? Looking to execute the Brrrr strategy. Any advice is welcome guys. 😊