I am novice investment seeking to investment real estate . I am due to received a settlement of a half million dollar.Idont know which investment instrument to use tax deed sales or distress properties sales or rehabbing properties so many choices.Please provided me a possible advise ivestment too.
Put the money into a safe vehicle such as a money market account, CD or other investment for 6 months until you have fully researched what you really want to invest in and you understand it to the best of your ability.
When receiving large sums of cash, haste can truly turn it to waste. With that kind of cash, you should be able to find plenty of deals that you can wholesale and/or rehab.
Couldn’t have said it any better!
Hello, Carlittle is correct. Put your money in a safe place until your completely ready to use it. Research all the possibilities of REI and then proceed slowly and gain some experience.