If this were you, what would you do?

[Carissa Holmes]

If the below was representative of you & your position what would you do to take full advantage of the inherited capital and launch your REI business?

• - Recently inherited roughly $250k
• - Long-term goal: Passive cash flow of $5k per month from buy and hold investments. With a balanced portfolio of high cash flowing properties & high appreciation properties that also cash flow)
• - Primary residence is in Austin Tx
• - Very attracted to the BRRRR model
• - More than willing to invest out of state. Will not invest out of country (yet :))
• - Capable of and would enjoy doing the majority of the rehab work if the property were in or close to Austin
• - Obtaining a mortgage likely not an issue given W2 income, credit score & DTI
• - The only market with applicable relationships (to help until a reliable team is established) is in Jacksonville, FL
• - Have 20 - 30 business hours and 10 - 20 outside of business hours per week to dedicate to this effort(s)
• - Have been learning REI like a machine for the last 6 months and ready to move on 1st deal now
• Thanks in advance!