Updated over 5 years ago on . Most recent reply
Liquid cash to invest
I've been reading a bit about real estate investing. I plan to turn the house I am living in now to a rental soon, but besides that I am looking to get some investment properties and/or be a hands off investor.
I have about $100,000 liquid cash right now, and I will have about $10,000 a month going forward. I am looking to be as hands-off as possible, so I am thinking rather than scouting properties, hiring contractors to fix things up, and then dealing with management companies perhaps it makes sense for me to be a "hands off investor".
How do I become an investor?
Do I have enough liquidity?
What kind of contracts would I normally be involved in?
How do I advertise my rates and find people who need cash/help with down payments for real estate? (It seems like this forum isn't good for that at all)
Am I just better off finding someone to do the scouting/handling the busy work for me, but actually own the properties?
Most Popular Reply
@Brian H., what you're describing is being a private lender. This is a good route to make good cashflow, but if you are an accredited investor, you can invest in syndicated deals, and get cash-flow plus the appreciation/forced appreciation, which can usually result in greater gains. Being a lender only gets you interest income. Both come with their respective risks. Good luck!