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Updated about 9 years ago on . Most recent reply

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16
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Jacob Song
  • Los Angeles, CA
4
Votes |
16
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Newbie with $30,000 in South Eastern market? where is hot market?

Jacob Song
  • Los Angeles, CA
Posted

Hi, I am living in South carolina and wanting to start investing in real estate. I am looking for a great market not only in south eastern market but better if its close.  I am wondering which market will be great to start off with around $30,000 in cash. Atlanta? Jacksonville, charlotte, south Carolina or even in mid west if it has good cash flow and great market. Any recommendation on which market or how I should start investing about $30,000? Will it be a good idea to go find a good property management company and ask if they knew a hot good cash flow market before I purchase any property? Or should I just talk to the estate agents? 

Please give me advice :) What would you guys do? Thank you.

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6
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5
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Demond Hammonds
  • Investor
  • Ware Shoals, SC
5
Votes |
6
Posts
Demond Hammonds
  • Investor
  • Ware Shoals, SC
Replied

Hey, I brought two sets of Duplexes for $36,681 that bring in 1,680/month in Anderson SC. It all depends if you want something that will appreciate over time or get something with cash flow and build from there

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