All Forum Posts by: Spencer Cuello

Happy to share my CPA!

@Account ClosedCongratulations on the sale!

- For the funds to be invested in your next home, a high yield savings account or CD with liquidity and low risk makes sense

- For the balance, if you are looking for steady cash flow you could consider a multi-family, syndicate if you're an accredited investor, or a bond ladder. If the time horizon is longer than 10 years, I'd consider a diversified portfolio

Good luck! 

Hi BiggerPockets community! I am a Financial Professional based in NYC helping individuals and small businesses protect and grow their wealth to ultimately achieve their goals. Part of my niche is helping real estate investors because I am an investor myself and I have a passion for the industry. With the resources of a large financial institution, I can help provide creative liquidity strategies and cash alternatives for those looking for their next deal. I believe a well diversified portfolio across asset classes is the best way to plan for retirement. I serve NY, NJ and surrounding areas. Feel free to message me or visit my webpage below if you'd like to connect.

https://advisor.ml.com/sites/ny/sd-financial/spencer.cuello

Great question. There is room for both in a well diversified portfolio. 

Question 1: Profitability

Run the numbers on the real estate deal and compare it to a mix of diversified dividend stocks. Like you mentioned, if a company has a down quarter they can cut their dividend, so holding a basket would be wise.

Question 2: Liquidity

How much do you need liquid? Stocks can be be converted to cash in 2 business days. That can help guide your target allocation. 

Hi there - It will depend on your goals for the funds and the profitability of the real estate deal. The stock market can be a lot more passive than owning a rental property, so if the numbers aren't great on the deal, investing in stocks or taking advantage of the high rate environment could make more sense. 

@Jennifer Volek This deal is currently under contract

Hello BP Community! I've identified a solid 1-4 unit multi-family opportunity in Fort Worth, TX and may look to bring in a partner on this deal. Message me if interested in learning more about the opportunity.

Thanks Travis! It was on-market towards the east side of the city. Did not do a major rehab but did minor cosmetics/upgrades.

Absolutely, I'm happy to share my my team that made it happen. Let's connect

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Fort Worth.

Purchase price: $255,000

I'm very excited about purchasing my first investment property in Fort Worth! Happy to connect with other investors and grow further!