$100k to start with. What would you do?

Question

I live in Los Angeles and I am selling my primary residence. When I'm done I will have $100-$150 to invest. What would you do?

Flip?

Remote flip?

Notes?

Loan loan money?

Taylor L. · Answer

It depends on your goals and resources. If you're a busy person who is short on time to manage a portfolio, then syndications, turnkeys, notes, or NNN commercial make a lot of sense. If you have more time and experience managing active businesses and projects, then flipping might work. Bear in mind that flipping is not favorably taxed compared to buy and hold investing.

Junior Soares · Answer

@Arthur Fuller II

I would invest into a franchise business opportunity that will net you 20-30% and then in 5 years when you recoup your investment you can purchase a couple of nice sub $300k  rentals with 20% down on each of the 2 and you still own the franchise. Rinse and repeat.

Some good franchise options are FedEx routes (I know I owned a few) subway (you need a few of these tips make a good living 1 will  not suffice)

Junior Soares · Answer

I'm not invested in Fed-ex anymore, but ask away. Send me a PM if you truly want to talk. Account Closed

Account Closed · Answer

@Junior Soares I would like to talk with you on your franchisees.

Casey Christensen · Answer

@Arthur Fuller II

First, I think it is awesome that you are making plans on what to do with the equity you will receive when you sell your house and coming to bigger pockets for ideas is a great move.

I think you have been given some great input from others and I would just reiterate some of what they said. Knowing your goals and having a vision for the future and a very specific "why" is probably the first and most important step to take. Understanding your strengths and where you can excel is also very important. Get educated on what it will take to be successful in whatever strategy you decide on that will fit with your skill set, whether it is fix n flip, buy and hold etc. If you have a good job now and dont have the time, then I would seriously consider investing that money passively in a syndication deal with operators you know and trust.

The great thing about real estate is there are options and opportunities everywhere. It just depends on what you want and what your goals are. Good luck with whatever you decide to do.

Eric Nguyen · Answer

@Arthur Fuller II Why not purchase rentals?  Do you have any experience flipping or lending money?  I wouldn't start with either of those as money can disappear very quickly.  I would start with a rental property to provide a foundation and passive income then move on to more risky endeavors.

Steve K. · Answer

1) don't post online how much money you have to invest

b) ignore all the "deals" and "offers" that are now filling your inbox

Arthur Fuller II · Answer

@Jacob Sampson I'm 45. I want to stop working for other people in the next 3-5 years. I want to flip to for quicker money then start working towards rentals for the future.

Also, I want to get to a point where I can buy vacant homes, buildings and lots in South Los Angeles and help develop those areas.

Jacob Sampson · Answer

All are possible.  It mostly comes down to your goals, strengths, weaknesses, and your experience.  Can you answer those?  Specifically, what is your goal(s)?

David Featherstone · Answer

Hey @Arthur Fuller II! If I was in your shoes I would look for a good BRRRR property in the mid-west or the southern USA.

$100k to start with. What would you do?

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