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Updated about 1 year ago on . Most recent reply
Need advice for investing $850K
I am selling my business and will soon have $850k cash on hand. I don’t want to put it all into real estate, but I do want to invest a good majority, around $400-600k. I really value cash flow. Should I just look for a multi family? Or I’ve read storage units might be a good option. What would you recommend?
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
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#5 Multi-Family and Apartment Investing Contributor
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- Shelton, WA
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Bjorn Ahlblad
#5 Multi-Family and Apartment Investing Contributor
Pro Member
#5 Multi-Family and Apartment Investing Contributor
- Investor
- Shelton, WA
That is a fair chunk of change. Don’t be in a hurry in this market. I definitely recomnend more doors under one roof but there is a lot of overpriced property being marketed at this time. Know your numbers! All the best!