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Updated over 2 years ago on . Most recent reply

User Stats

28
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8
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Kelly Olson
  • New to Real Estate
  • Lyons, CO
8
Votes |
28
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If you could do it all over again...

Kelly Olson
  • New to Real Estate
  • Lyons, CO
Posted

INVESTORS! If you could use the knowledge you have now and start from the beginning of your investing journey with $150k to start, how would you invest it to scale cash flow fast? 

I have spent a lot of time learning the brrrr method and feel comfortable with it. I am seriously considering using it in an affordable market to start out, but wanted to hear your opinion on other possible ways to scale cash flow quickly and efficiently.  

My goal is to build enough cashflow (probably 7-8k a month) to be able to quit my dead end job hopefully in the next few years (or sooner) and then do real estate investing full time. I have access to $150k in a HELOC and I'm ready to rock!

Most Popular Reply

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10,252
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16,111
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,111
Votes |
10,252
Posts
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

The I have $150k, 200, 3m to invest what should I do question has been asked hundreds of times. 

Everybody recommends doing what they do, especially if they have something to sell you.

If you want another job? Flip, wholesale, STR.

If you want to build wealth quickly find off market rentals and self manage.  Depends on handy ability and willingness to roll up your sleeves and get in the trenches. 

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