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Updated over 3 years ago on . Most recent reply

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Marcus Delitry
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Practicality of my situation

Marcus Delitry
Posted

Hello, I joined BP not too long ago and would appreciate a moment of your time for some general direction. I am familiar with the different types of investing methods (flip, rent, brrr, etc.), but I am having trouble finding what is practical for me. I am closing in on 30k in savings. I am stationed in CA. This makes it impractical to purchase property locally, so I will have to go remote. What seems practical for me to start with? I am looking for general answers to average out so I know what I am looking for. I appreciate any guidance.

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Allen McGlashing
  • Investor
  • Cambridge, MA
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Allen McGlashing
  • Investor
  • Cambridge, MA
Replied

@Marcus Delitry

Welcome to BP, you came to the right place. Plenty of answer on this forum. Since you really can’t get into a deal in CA with $30k look into other markets. There are tons of markets where $30k will fund a project. So do your research on which area you would like to invest in and reach out to an agent in that area to tell them what your looking for and what funds you have to work with, that is the 1st step in your journey. I can’t stress this enough STAY ON THE FORUM there is so much info to learn just from these forums what ever obstacles you face someone has been through it.


good luck in your journey!! 

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