Best strategy to cash flow with​ $250k?!?!?

[Chris Mignone]

Hi all, So here's where I'm at. My goal is to cash flow $4k per month ASAP. Why 4k? Bc that is roughly my monthly expenses. 1k of that is the property taxes on my home!!!! I have about 250k capital to work with and I am open to many strategies that I can implement from a mainly passive role. I make 6 figures and have phenomenal benefits that I'm just not ready to give up yet to take a more active role in my investments. I'm open to buy and hold in no worse than C neighborhoods...turnkey or otherwise, private lending, joining a syndication deal or joint venture, or anything else that makes sense. But I do want CASH FLOW CASH FLOW CASH FLOW. If anyone has any weighing in on this subject I'd love to hear from u thanks!!!!

[Mike Dymski]

Originally posted by @John B.:

@Charles Worth I like all you said, I am in a similar situation and a followup question is: as an accredited investor, is it better (in your opinion) to invest time and find a good relationship with a sponsor you can invest with, or do your due diligence on the various crowdfunding websites you can find out there?

On the pros, by investing chunks of 10/15k, crowdfunded deals seem to offer diversification that is not easy to achieve by directly working in syndicated deals where you have to put 50k/100k/150k min.

On the other hand, the quality of the sponsors might be much lower, and without developing a real relationship one might end up with several lemons.

Thanks

I invest with people...the property is secondary.