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Updated over 10 years ago on . Most recent reply

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71
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Jim Zatko
  • Investor
  • Muskegon, MI
29
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71
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Best bang for my buck

Jim Zatko
  • Investor
  • Muskegon, MI
Posted
I have a question for some of you people that have long term success in REI. What angle would you start from if you were in my shoes? I work full time and I have about $72,000 cash on hand. I am near the Toledo, OH area. I have some experience with home rehabbing and home building. Homes in my area go for 10k-100k. Just curious if you ha I start all over again with my situation, what you would do.

Most Popular Reply

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292
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303
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Ryan Pyle
  • Multifamily Investor
  • Toledo, OH
303
Votes |
292
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Ryan Pyle
  • Multifamily Investor
  • Toledo, OH
Replied

Hi Jim, what are your goals for investing in real estate? Are you looking to preserve your capital? Are you looking for a slightly better return that stocks? Are you wanting to build a real estate business? Are you looking for giant returns like what you can get flipping? Also, how much work do you want to put into it? 

There are a ton of directions you can go with that much cash in Toledo. It really depends on your goals, your skills and your time. 

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