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Updated almost 11 years ago on . Most recent reply

Mark Resnick's profile image
Mark Resnick's profile image
Mark Resnick
  • Renter
  • from Brooklyn, New York
  • Member since Jul 25, 2014
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Mark Resnick's profile image
Mark Resnick's profile image
Mark Resnick
  • Renter
  • from Brooklyn, New York
  • Member since Jul 25, 2014
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Mark Resnick
  • Renter
  • Brooklyn, NY
5
Votes |
33
Posts
Starting Out

Where to start?

Mark Resnick
  • Renter
  • Brooklyn, NY
Posted

Hi everyone,

I have never invested in real estate before. My wife and I decided that we want to invest some of our savings in real estate. We would like suggestions from people what they recommend to start with. We have aprx. $65K to invest. Do we do tax liens? deeds? multifamily? flipping? etc and where?

We have a friend who bought a 4 plex and is making money renting it out. He has a person manage it which I like. Problem is in that area there are not much 4 plexes that make sense to buy. 

All feedback is appreciated.

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