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Updated over 2 years ago on . Most recent reply

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Lynn Anthony
11
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44
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Strategy? Came across some money and need help!

Lynn Anthony
Posted

Hi everyone! I recently have access to $100k which is in reserves and would like to know the best strategy to invest in real estate. I have studied all the different strategies, however, because of my job I don't have time to go to meetups to network with wholesalers which I think that means the BRRRR strategy is out. If I do a turnkey rental cash flow is almost nonexistent and would only be able to invest in 2 houses. House hacking is not possible for me at my current stage in life. Any other suggestions that would be the best use of $100k???

Thanks and I appreciate all the feedback!

Most Popular Reply

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927
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Jon Kelly
  • Investor
  • Bethlehem, PA
950
Votes |
927
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Jon Kelly
  • Investor
  • Bethlehem, PA
Replied

@Lynn Anthony you're pretty good at finding excuses and reasons NOT to take the leap and become an active real estate investor. 

For someone in your situation it sounds like being a passive investor would be good. Look into real estate syndications to earn 6-12% annually. 

  • Jon Kelly
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