What to do with $10k, $50k, $100k, $1M

The Commercial Real Estate Podcast - A podcast by The Mindful Investor

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$10kinvest in your education/training, take a course or hire a mentor, somebody who has walked the walk or is still walking it and sharpen your skills, network and find partners. More creative and more self-reliant: live off the $10k and work full time on your skills: look at deals in the morning, listen to podcast in the afternoon, read books at night. Pick a niche and become an expert, go to all networking events$50kbuy your first property and do some BRRRs on single family housings, turn it into a business, grow your capital base /or/ invest as an LP in someone else's deal, someone with experience to learn and watch your capital grow$100kEducate yourself, network, get a mentor, join a mastermind on real estate and do a BRRR in an asset class (buy a problem, multifamily is the most common one) and an area you have researched, scale in that area$1MSpend some money on legal and accounting to set up the proper structure, invest with someone else as an LP then invest in your own deals once you feel more confident and keep growing, leverage, create your own portfolio of properties: some value-add opportunities and hold for the long term for next generations if this is your goal