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Updated about 2 years ago on . Most recent reply

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Grazie Pennacchio
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Southern California Investing

Posted

I live in Southern California and want to start investing in property and grow that, I only have $30k-$40k what are my best options?

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Rick Garrido
  • Investor
  • Long Beach, Ca.
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Rick Garrido
  • Investor
  • Long Beach, Ca.
Replied

It depends on what you're willing to do. First, I'd recommend getting to know what different avenues you have such as wholesaling, buy and hold, developing, "house-hack", etc and seeing what you're comfortable with. For particulars, you to invest in the desert areas driving distance to SoCal as you can get into them with 30-40k. Alternatively, you can wholesale and use that amount to start marketing. Best thing you can do, if you're in the learning stage, is to partner with someone that knows and have them teach you. Take a little return (or work for free) while you get mentored and catapult yourself into the game. 

Good luck!

  • Rick Garrido
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