filmov
tv
I am 27 and have 250k How should I invest it?
Показать описание
Please Like, Share, and Subscribe for more videos!
Congratulations on being 27 years old and having 250K. Now if you listen to me, you can avoid a lot of mistakes that young investors make.
Keep doing what you are doing that made the money but now branch out to real estate investing. But let me tell you the correct asset class so you don’t get lost for years in the big forest buying single family homes and playing small time landlord.
Go straight to large multifamily deals over 100 units. The smartest way to invest is with professionals that have years of experience in the asset class. You simply place $50,000 to $100,000 in a few deals and then sit back flying first class while an experienced multifamily investor is your pilot on the deal.
This is so much easier than getting dirty on the ground dealing with property managers, tenants and toilets. Leave that to people that enjoy that and don’t mind working long hours.
You want to avoid getting sucked into becoming a hobby landlord that has 10 or 50 houses and now has to work full time in the business. Unless your plan is to become a real estate investor don’t get into buying houses or small multifamily units even if you are going to have someone else manage the properties.
It is better to avoid dealing with tenants and toilets and let someone else do the work and you just get the passive income in your bank account.
I hope that helps and good luck with your investing!
Congratulations on being 27 years old and having 250K. Now if you listen to me, you can avoid a lot of mistakes that young investors make.
Keep doing what you are doing that made the money but now branch out to real estate investing. But let me tell you the correct asset class so you don’t get lost for years in the big forest buying single family homes and playing small time landlord.
Go straight to large multifamily deals over 100 units. The smartest way to invest is with professionals that have years of experience in the asset class. You simply place $50,000 to $100,000 in a few deals and then sit back flying first class while an experienced multifamily investor is your pilot on the deal.
This is so much easier than getting dirty on the ground dealing with property managers, tenants and toilets. Leave that to people that enjoy that and don’t mind working long hours.
You want to avoid getting sucked into becoming a hobby landlord that has 10 or 50 houses and now has to work full time in the business. Unless your plan is to become a real estate investor don’t get into buying houses or small multifamily units even if you are going to have someone else manage the properties.
It is better to avoid dealing with tenants and toilets and let someone else do the work and you just get the passive income in your bank account.
I hope that helps and good luck with your investing!
Комментарии