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All Forum Posts by: Jerry Shen

Jerry Shen has started 6 posts and replied 113 times.

Post: Have $2 Million, what to do?

Jerry ShenPosted
  • Denver, CO
  • Posts 114
  • Votes 99

Thanks for the reply Levi. I would definitely look to get a property manager as I don't want to spend a lot of time managing the property myself, my goal is to start another tech company and not manage properties, so getting a PM is a must to leverage my time.

What do you suggest as the first step, get a broker who can hunt for good deals on apartments?

Post: Have $2 Million, what to do?

Jerry ShenPosted
  • Denver, CO
  • Posts 114
  • Votes 99

I have $2 Million to invest in real estate (part of windfall for selling a tech company). After reading the Ultimate Beginner's guide, I've settled on apartment investing. My question is, would it be better to get multiple properties or invest all $2 million into a single property (down payment on a $10 mill). My goal is to use the cash flow from the $2 million investment to fund my lifestyle and start another company. I would ideally like to get $250K yearly cashflow from this investment. Thanks.

Post: New member from Colorado

Jerry ShenPosted
  • Denver, CO
  • Posts 114
  • Votes 99

Hi everyone,

Trying to learn all I can about investing. I have a windfall that I'd like to invest wisely.