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Updated almost 7 years ago on . Most recent reply
$450k. Ideas on how to invest it
Scenario: $450k to invest
Background: Currently have 7 SFH rentals (turnkey purchase) that are currently financed with 1 commercial loan (so that I could get HELOC to pay off house and car notes quickly) and 1 tear down / new build under my belt. Have a busy W2 day job and not a lot of free time.
Goal is growth of current portfolio to ultimately fund retirement. I am currently 54 yrs old.
Given the above info, how would you invest the $450k? All SFH rentals? Another tear down/new build? Learn and do MF investment (small or join large deal)? Notes? Raw land flipping?
Just looking for ideas and opinions. Bring it on!
Most Popular Reply
I think at this point in time, I would certainly want to diversify that amount over a number of projects and over some time - probably relatively low risk syndicated deals - MF and housing developments for example. Or possibly mix in some private lending. Here's a BP article I wrote on Three Key Routes for Passive Real Estate Investing . You might find it a helpful read.