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Updated over 5 years ago on . Most recent reply

User Stats

36
Posts
8
Votes
Ben Payano
  • Investor
  • Baltimore, MD
8
Votes |
36
Posts

$100,000.00 Plus in cash, now WHAT?

Ben Payano
  • Investor
  • Baltimore, MD
Posted

Just sold the first property I purchased and after everything, I netted over $100k. I'm thinking of re-investing by purchasing at least 2 other investment properties, rehabbing, and renting them out. Is there a strategy for finding a good real estate agent to help me find these properties. Should I even look for one? Or should I sit on this money and wait for the market to crash? Any advise helps, thanks.

BTW: I'm currently located in Baltimore, MD.  

Most Popular Reply

User Stats

36
Posts
8
Votes
Ben Payano
  • Investor
  • Baltimore, MD
8
Votes |
36
Posts
Ben Payano
  • Investor
  • Baltimore, MD
Replied
Originally posted by @Jake S.:

Hey @Ben Payano! I wouldn't sit on the money. Just deploy it safely and increase the velocity on your cash.

Try networking as much as you can with local investors and with investors on here to find a rockstar agent. Agent's are an invaluable team member who can focus on finding you deals, while you focus on the bigger picture items.

Congrats thus far!!

Great suggestion @Jake Stuttgen. Thanks for the advice. Cheers!

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