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Updated over 8 years ago on . Most recent reply

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6
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3
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Clark Dickenscheidt
  • Katy, TX
3
Votes |
6
Posts

Where to start investing?

Clark Dickenscheidt
  • Katy, TX
Posted
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

User Stats

17
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14
Votes
Ryan Siegert
  • Residential Real Estate Broker
  • College Station, TX
14
Votes |
17
Posts
Ryan Siegert
  • Residential Real Estate Broker
  • College Station, TX
Replied

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

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