Cash flow or Long Term

[Jr Trotta]

If you had 200k to invest what would you do with it?

Would you purchase 2 to 3 cash flowing properties that could bring $2000-2200 per month (no mortgage) or would you keep the money in an investment fund to maybe gather 7-10% annually?

The reason I ask is because I have 350k in my investment fund and I am buying a home. My mortgage is $3500 per month and living expenses are $5500 per month. I have a basement rental that will rent for $1000 per month no issues. I’m looking to live mortgage free and take the money from my pay check and put it straight back to my savings. If I could bring in $2000 per month off rentals and another $1000 from my home basement then my mortgage would be $500 per month.

Good or bad idea?