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All Forum Posts by: Joseph Schreiber

Joseph Schreiber has started 1 posts and replied 3 times.

Post: Starting out and need some advice.

Joseph SchreiberPosted
  • Residential Real Estate Broker
  • Seattle, WA
  • Posts 3
  • Votes 2

@Mark Sullivan It is a dietary supplement business. Sold for 15.5 million but I only owned a small percentage (5%)

Post: Starting out and need some advice.

Joseph SchreiberPosted
  • Residential Real Estate Broker
  • Seattle, WA
  • Posts 3
  • Votes 2

Appreciate everyones help here. One last question... I am currently renting. Should I continue to rent and wait to purchase a home before I get a few rentals under my belt? I was told I shouldn't deploy the cash into an owner occupied home just yet.

@John Warren@Account Closed

Thanks

Post: Starting out and need some advice.

Joseph SchreiberPosted
  • Residential Real Estate Broker
  • Seattle, WA
  • Posts 3
  • Votes 2

Hello, 

I am 25 years old and I live in Bellevue, Washington. 

I have around 600k in cash from one of my businesses that I just sold. I want to get into real estate and increase my monthly cash flow as much as I can. Would love some help and opinions on what I should do with the money. 

Should I invest in the stock market, rental properties, flips, etc? 

I also have my real estate license. However, I do not do much with it. More focused on building my other businesses.

Thanks in advance for you help.