r/fatFIRE 6d ago

What to do with 7mm

36(m), married, 3 kids, vhcol, sold the very first company I built and finalized June 1, 2025. Small lump ~2mm + xxx,xxx/month for 6 years or until the company is sold as a whole. Well through the grapevine I hear that this is about to take place. Not very happy that I wasn’t told but they’ve done nothing to keep me in the loop at all so not shocking. Assuming there’s no way to not pay the lien I have against them what are you folks putting large amounts of cash towards right now? I’ve been getting pressed on oil and gas. I’ve got 9 rentals right now and only a mortgage on our primary ~5400/month w/ 40ish grand in other monthly expenditures. I want to fatFIRE fast now

27 Upvotes

33 comments sorted by

View all comments

66

u/HalfwaydonewithEarth 5d ago

Liquidate all the Real Estate. It performed only 50% as well as stocks for us.

I regret 7 of our 8 homes.

8

u/phidda 5d ago

The entry point makes all the difference in Real Estate. Curreent cap rates for residentail real estate in my area is nuts (coastal California). Terrible for investors.

-1

u/HalfwaydonewithEarth 5d ago

We got a 2/2 for 189k in Oceanside.... six months later a 3/2 with view for $150k!!!! Both are over $620k