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Updated over 3 years ago,
Where to invest 200k
Hello Everyone,
I realize this is a broad question. I have owned a couple of single-family home rentals in the past but it has been more as a side hobby keeping our primaries after we moved out of them. We did pretty well recently selling our primary residence and are going to have about $200,000 to invest. I’m still working full-time and will have cash flow from that for now, my primary goal is to be ready for retirement in six years (I will have a 60% penchant starting at that time). I’d like some investments that are reliable and low risk. Our California market here is pretty wild and I would like to stay away from it for now. I’d like something that is relatively hands off possibly handled by a rental management company. The idea of Airbnb appeals to me because we could have places throughout the US that we wouldn’t mind visiting on vacation. I’m trying to do my homework I brushing up on the podcast and the webinars. Just curious what others would do it in the same situation.