Author Topic: Given my profile, can I put $100-150k aside for investing in Real Estate  (Read 951 times)

BenjaminGraham

  • 5 O'Clock Shadow
  • *
  • Posts: 6
Hey Guys,

I have always had an interest in pursuing multi-family real estate investing and would like to get your thoughts on if I could put $100-150k aside to start investing, given my profile below. Thanks in advance for any advice / help.

My profile:

Age: Late 20s
Salary: $250k

Net Worth:

Cash: $250k (currently in a HY Savings account)
401k / IRA: $150k
Brokerage Account: $125k
VC Investments: $50k

Papa bear

  • Handlebar Stache
  • *****
  • Posts: 1197
  • Location: Ohio
Re: Given my profile, can I put $100-150k aside for investing in Real Estate
« Reply #1 on: September 02, 2019, 09:45:35 PM »
I see no reason why you couldnít take 100-150k for real estate. 

You have to ask yourself the why.  Do you like real estate? Do you want to be a landlord? Are you reasonably handy? Not that you have to do the work, but you should know whatís involved so you can figure out reasonable quotes on work.

Or are you just looking for a place to park your cash?   

Whatís the end goal here? 


Sent from my iPhone using Tapatalk

Dicey

  • Senior Mustachian
  • ********
  • Posts: 10845
  • Age: 61
  • Location: NorCal
Re: Given my profile, can I put $100-150k aside for investing in Real Estate
« Reply #2 on: September 03, 2019, 11:05:00 AM »
I'd like to know more about your VC investments. That seems a lot riskier than buying real estate.

macmoneysaver

  • 5 O'Clock Shadow
  • *
  • Posts: 26
Re: Given my profile, can I put $100-150k aside for investing in Real Estate
« Reply #3 on: September 13, 2019, 03:56:28 PM »
Based upon your savings, investments and salary, there is no reason to shy away from a $100-150K investment in multifamily real estate.  Assuming you have done your homework and know how to analyze a deal, RE can be a great investment that rivals/beats, and diversifies from index fund investing. 

FamilyGuy

  • Bristles
  • ***
  • Posts: 314
  • Location: NC
Re: Given my profile, can I put $100-150k aside for investing in Real Estate
« Reply #4 on: September 17, 2019, 03:57:24 PM »
Hey Guys,

I have always had an interest in pursuing multi-family real estate investing and would like to get your thoughts on if I could put $100-150k aside to start investing, given my profile below. Thanks in advance for any advice / help.

My profile:

Age: Late 20s
Salary: $250k

Net Worth:

Cash: $250k (currently in a HY Savings account)
401k / IRA: $150k
Brokerage Account: $125k
VC Investments: $50k
If you don't mind me asking, what is your profession/job? $250k is very rare for people in 20s.

BenjaminGraham

  • 5 O'Clock Shadow
  • *
  • Posts: 6
Re: Given my profile, can I put $100-150k aside for investing in Real Estate
« Reply #5 on: September 17, 2019, 08:56:51 PM »
@Papa bear - I would like to pursue a long-term investment strategy where I purchase a new property every couple of years here in Arizona. I am afraid to use leverage in the stock market, but okay with using it if itís tied to a physical asset like real estate

@Dicey - I invested in three start-ups via family / friend round. I see these investments as very risky and I am not expecting any near term return here

@FamilyGuy - Iím a developer at a medium sized tech company


Dicey

  • Senior Mustachian
  • ********
  • Posts: 10845
  • Age: 61
  • Location: NorCal
Re: Given my profile, can I put $100-150k aside for investing in Real Estate
« Reply #6 on: September 17, 2019, 11:59:47 PM »
Given your answer to Papa bear, i think we should consult the big gun. @Another Reader, are you out there?

Archipelago

  • Stubble
  • **
  • Posts: 211
  • Location: U.S.
Re: Given my profile, can I put $100-150k aside for investing in Real Estate
« Reply #7 on: September 18, 2019, 02:27:38 PM »
@Papa bear - I would like to pursue a long-term investment strategy where I purchase a new property every couple of years here in Arizona. I am afraid to use leverage in the stock market, but okay with using it if itís tied to a physical asset like real estate

@Dicey - I invested in three start-ups via family / friend round. I see these investments as very risky and I am not expecting any near term return here

@FamilyGuy - Iím a developer at a medium sized tech company

How long do you wish your holding period to be?

FamilyGuy

  • Bristles
  • ***
  • Posts: 314
  • Location: NC
Re: Given my profile, can I put $100-150k aside for investing in Real Estate
« Reply #8 on: September 18, 2019, 07:00:27 PM »

@FamilyGuy - Iím a developer at a medium sized tech company
Thanks for the response.