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Lee Melvin
  • Fayetteville, NC
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What to do with 100,000 dollars?

Lee Melvin
  • Fayetteville, NC
Posted

I will be working abroad with 2-3 months off a year to go back to the states and look for an investment deal. Will have roughly 100,000 to invest in. I am thinking about purchasing a duplex or triplex. What is your thoughts? Would you go a different route? All suggestions and advice will be much appreciated.

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David Littleton
  • Renter
  • KY
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David Littleton
  • Renter
  • KY
Replied

Make a down payment on a couple quads or any other rental and hire a property management company while you're gone. Easy money. Make sure you save enough for repairs.

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