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Updated over 8 years ago on . Most recent reply

Where to start investing?
I have been reading blogs, listening to podcasts and "lurking" on BP for over a year now. We are ready to start investing but can't decide where to start. We have about $65k set aside to invest in real estate and can't decide if we should start with a local rental; vacation rental (that we can also use) in Destin, FL area; multi-family local rental; or college town rental where we anticipate our son may go to college in 2 years (College Station - Texas A&M). We own our own home and have about $15k in a REIT stock held in an IRA.
I am 51 and my wife is 48. We want to build passive income to live on in retirement after I sell my business at some time in next 10 years.
Looking for any thought, suggestions or mentoring on first deal.
Clark in Katy, Texas
Most Popular Reply

Hi Clark,
If you decide on College Station as a place you would like to invest in before your son comes to Aggieland, I can set you up to receive listings from our MLS. Just pm me your email address. There are a few duplexes, fourplexes, & SFH that I am currently watching here in BCS that look pretty good on paper.
Cheers, Ryan in College Station