I just got a lump sum of 500k. I already have a loft and a car paid off. I was thinking of putting down payments on 4 or 5 lofts and just renting them out. Any tips or is there something else you would do with this money
>>1482442
don't go into real estate .
Don't go all in on RE. Diversify.
Your job is still capital growth. Don't get into cash flow yet.
S&P index fund and wait. Keep contributing to it. Meanwhile get into real estate with your extra cash and lever up.
Don't invest in anything with an hoa.
>>1482704
>S&P index fund and wait.
*if you're incompetent
Diversify bro:
20% Equity Index Funds
20% Real Estate
20% Bond Index Fund
20% Triple leveraged commodities ETF
20% Trumpcoin
>>1482708
Every once in awhile I wonder why index funds have not become stupidly obvious considering how much data backs them. And then there are comments like this. Good luck with that, Mr. Ubersmenche.
>>1482711
>Trumpcoin
This guy plays dangerously.. I like it!
>>1482711
Don't play with 3x leveraged unless your day trading. You do not want to hold those for any serious amount of time.