Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

4
Posts
3
Votes
James Soils
  • Real Estate Investor
  • Los Angeles, CA
3
Votes |
4
Posts

Real estate investing

James Soils
  • Real Estate Investor
  • Los Angeles, CA
Posted

I have a question that maybe you can help me with, I 've successfully flipped a few homes

years ago before it was even called flipping but my wife and I were employed  with full time

jobs. My wife and I are currently disabled and our incomes are derived from being retired.

Can we invest in real estate if we live on a fixed income ?

Most Popular Reply

User Stats

111
Posts
34
Votes
Johnathan Alesso
  • Investor
  • San Diego, CA
34
Votes |
111
Posts
Johnathan Alesso
  • Investor
  • San Diego, CA
Replied

Hi there,

You may want to consider learning about tax lien deals.  You could plausibly purchase a tax lien property for under $10K without the need for financing.  You can then either flip and sell or flip and hold.

If you have a bit of capital, you may want to look in the investor marketplace for low-cost deals in bargain cities such as Cleveland, Memphis, Milwaukee or Memphis.  If you can locate a quality property manager you can easily invest from out of state. 

Good luck!

Loading replies...