Advice for a new investor

[Brian Thomason]

What would you do?

Life savings of around 300k.

You're currently living in Vancouver B.C. (A very expensive area, similar to New York, San Francisco or Los Angeles).

You are renting out a basement suite and tired of throwing away money.

The last hurdle is your wife is in the process of receiving Canadian Citizenship so we cannot move to the U.S. for another year or two.

The goal is to build equity and ideally some passive income.

How would you utilize the life savings to get the best ROI?

Thanks in advance for any tips or suggestions.

Also, happy new year to everyone (as I write this on December 31, 2020).