All Forum Posts by: Willis Chur
Willis Chur has started 2 posts and replied 12 times.
Post: Suggestions for the best way to allocate a $500K cash inheritance
- Rental Property Investor
- Austin, TX
- Posts 12
- Votes 3
@Ed Matson @Thomas S. She is indeed an accredited investor and is looking to do something in real estate that is more actively involved (not so active like becoming an active wholesaler / flipper, but also not just sending her money into a fund). She would consider forming a partnership with me on some projects as well. Apologies for not being clear in my original post.
Post: Suggestions for the best way to allocate a $500K cash inheritance
- Rental Property Investor
- Austin, TX
- Posts 12
- Votes 3
This will be a bit unorthodox compared to a number of the other posts I have seen on BP. I have personally been investing in real estate sporadically over the last 5 years with a small amount of success (about 10 doors consisting of some SFR and a 4-unit). That being said, I have learned a significant amount of knowledge since joining this site and really appreciate the plethora of different views and backgrounds. I have a friend that knows I have dabbled in real estate and she just received an inheritance of about $500K in a lump sum. She has asked me for my advice (which I feel rather unqualified to give, so I am posting and asking for any advice here) for the best way to put this money to work in real estate. Her primary goals are to maximize passive income and cashflow for the long term. Would this be a larger commercial building? A portfolio of SFR? Or perhaps allocating some of this to some sort of private lending fund? Really appreciate any and all advice!