Updated almost 9 years ago on . Most recent reply
Starting with $10,000
I am looking to start out in real estate investing. I live in Queens, New York and I was wondering what fellow BP members think the best way to use $10,000 is,,
Please get back to me, would be greatly appreciated, thank you!
Most Popular Reply
Thomas S.
#2 General Landlording & Rental Properties Contributor
#2 General Landlording & Rental Properties Contributor
Your best option, regarding the money, would be to save for a few more years until you have a descent amount saved.
During that time maintain a frugal life style, stay single, study investing, cultivate relationships with like minded individuals and be patient. Remember wealth building through investing is a long slow process, there is no finish line so no rush to get to the end.