how to invest monthly in real estate

Question

Hello everyone!

I have been searching the posts for about three hours trying to find some advice on how to invest about $3000 per month in real estate. If anyone has any links to share, I'd appreciate it. Otherwise, are there any suggestions on how to invest monthly? I'd like to stay local in the Denver market.

Additionally, I will be moving back to Denver in a year (in the military stationed overseas) and will start full time investing doing either new construction or flipping homes. I want to invest in Denver specifically so I can start building relationships for when I start in a year!

Thanks!!

Adam

Jeff Wallace · Answer

if I were in your shoes and I knew I would be moving to the area within the next year, I would just pile up my money in an account to use for your flipping venture when you get there –

Christopher Meis · Answer

Hi Adam,

Have you considered investing as a Joint Venture partner with other investors in that area. You could get a nice return on your investment while your partner does the leg work in Denver.

Ian Ippolito · Answer

@Adam Roberts, that's a good question.

First you've been given some incorrect advice above. There are some crowd funding options that are as low as a few hundred dollars. And even if you were wanting to invest in one of the ones that have a $5000 minimum, you could always save up two months worth of investment. So crowdfunding is definitely an option for you

Also in my opinion it's wise to be very cautious with people like @Larry Fried who promote the same crowdfunding site to every single person asking about it on BP.

In reality, there are more than 100 to choose from and all of them are very different. What's best for one investor is usually not best for another.

After identifying your investment criteria, it's best to narrow down to four or five which best meet that. Then drill down further on the platforms to the individual investments.

I've also created a ranking of what I feel are the top sites in the industry. Bigger pockets does not allow me to post a link to my own site. So if you were interested, Google " The real estate crowdfunding review top 100 sites ".

And if you have any questions, just let me know.

Larry Fried · Answer

@Adam Roberts If you are considering crowdfunding as an option, you may want to read my articles on a particular CF investment I made.

Have I Found the Holy Grail of Passive Real Estate Investing?

Adam Roberts · Answer

thanks for the suggestions - yes... I am aware that $3k upfront is likely not enough for crowd funding or a JV... hence my investigation for other sources to place my investment monthly. I'd definitely be interested in a local Denver REIT, or someone else local to the area who is looking for small monthly investments.

thanks again all!

-Adam

thanks again all!

-Adam

Ken Teng · Answer

Buy REIT (not recommended now, because they are going down). Or put the money aside in a low risk low return account, and take some time to do the market research every month. Meanwhile you can assemble your team.

how to invest monthly in real estate

how to invest monthly in real estate

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