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Updated 7 months ago, 06/03/2024

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Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
13,743
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5,447
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FOUND: $642K and gold behind a water heater

Jim K.#3 Investor Mindset Contributor
  • Handyman
  • Pittsburgh, PA
Posted

Hi, I recently bought a free-and-clear house at the local tax auction for $25K, When I claimed it, the former owner had left everything in place and it needed a cleanout. So my guys were down to the basement and looked behind the water heater. They found a cavity in the foundation with the cash mentioned in used twenty-dollar bills with random serial numbers wrapped in opaque plastic food wrap, and a sealed Home Depot Homer bucket behind it. The bucket was halfway filled with South African Krugerrands and American Eagle gold coins. On top of everything was a plastic sleeve with an old-timey baseball card in it of some dude named Joe Doyle. I'm just lucky my guys called me before they threw the bucket and the bundle away.

I have no expertise in this sort of thing and don't know how I should invest this unexpected windfall. Can anyone help me deal with this?

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