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Updated about 8 years ago on . Most recent reply

Account Closed
  • Versailles, Île-de-France
2
Votes |
10
Posts

So I just inherited a good chunk of change

Account Closed
  • Versailles, Île-de-France
Posted

So I just inherited a good chunk of change and I want to get into real estate. My brothers (who got the same amount) are going the Index Fund / Stock Market route. I will do some of that but after listening to some BP podcasts and doing some general Googling I feel that I can supplement my income nicely in the flip or rental game. I am 24, fresh out of college, working as an architect with a pretty solid income, so I am comfortable taking a little risk. They are always pushing people to use the forums so I just wanted to get some feed back / advice and maybe get the temperature of local markets.

A few more deets:

  • I live in the San Antonio, Tx area and would like to invest locally
  • I would also like to use as little of my own cash as possible IF IT MAKES THE MOST SENSE
  • I've worked in construction all my life and I know how/what to do to get things done. Construction-wise at least...

I wish I had some more specific questions but I really just want to get a feel for things and maybe get the compass pointed the right way.

Thanks guys!

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,653
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

what is a chunk of change that is the question.

makes a huge difference some get on BP and say a chunk of change is 100k others say 5 million . really depends on what your talking about.

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JLH Capital Partners

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