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Reply to "WWYD? $300K inheritance, job searching with BA degree but old crim charge on background check"
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[quote=Anonymous][quote=Anonymous]He was charged with a felony for doing drugs at a party? Yeah right. I realize this is probably irrelevant to your question, but he hasn't told you the whole story.[/quote] +1. I would tell your "friend" to invest in rental property, 2 apartments. If the family doesn't have savings, save at least $50k for a rainy day. Friend should continue to run current business (and/or look for new job) and NOT rely on rental income as primary source of income. Rental income will pay down small mortgages on apartments - when they are paid off, income should be invested. [/quote]
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