There's not one right answer for everyone since we all have different financial situations, different ages, timelines, family situations, risk tolerances etc..  

He is supposed to go public sometime. yep the set employment tax Ill have to look at , I would max out the best I can with the income and age 65 and over contribution to a roth .

It's like they built their platform in the Bronze Age and its been held together with duct tape ever since. 

Remember to always budget 10-25% (depending on age/condition) extra as a buffer.

I am not saying that to brag, the reason I say it is we all wish we could get into real estate at a younger age - but we are all different and depending on your level of risk, sometimes being patient is not a bad thing as its a marathon not a sprint.  

As a fairly-newish-to-the-game investor around your age, I appreciate the candor.  

@Bliss Hu,At your age, you’re well ahead of the curve. $300,000 is more than enough to acquire your first property, even in New Jersey.

The inheritance is a good thing to fuel a nest egg or retirement, and the fact that you received it at a relatively young age gives you some really good options for long-term growth through compounding interest. 

His teachings suggest a paid off home, $500k in assets, and more than 1 source of income (SS if of that age, real estate, part time job, retirement/pension, etc.).

Some Excel files that my 15yo daughter could have done a better job putting together and when we ask questions we are given the shuffle around, no one … and I mean NO ONE will give us a straight answer … I feel like we have just been sucked into the 2020's version of a new age cult!