Have 250k To invest and need input

[Jordan Shapiro]

I am new to the site but came on here because hey its time to change up my strategy. I have 250k in seasoned money with a 750 credit score. In addition I have  2 homes (renter occupied) and 1 commercial property (renter occupied) . I have been playing the buy and hold game but want to try something different. In today's market in Los Angles/Orange County I am open to anything investment wise but not sure if to keep going in the commercial area or head on into multiplex units. Need advice if i should also pull equity out of my other properties, what areas to look into etc. Any and all input/ideas are welcome and thank you in advance. 

P.S. if there are any agents on here I am looking for new representation so feel free to message me.

[Amit M.]

@Jordan Shapiro and

@Gyl Chin

Beware: sharks smell blood. 

It sounds like you guys made much of your money with CA (LA and Bay Area) real estate. I'd strongly caution you against taking a leap out of state. Whole different level of risk. I know of so many CA investors that got burned on deals they couldn't control or fully understand. 

I have also made a lot of money on CA (San Francisco) real estate. I know we're at top of market, so I'm cooling my heals and spending my time and money optimizing my current portfolio and operations. There may be more opportunities in the next 1-3 years  locally. But I have no interest in risking it in markets I'm not intimately familiar with and where I have little/no control on the properties outcome. 

There is a reason so many turnkey and other out of state investment/sales operators seek CA investors- because they have a lot money!  Question is, how did they make their money in the first place?  CA real estate! Sometimes KISS (keep it simple, stupid) is smart.