Looking to invest $100k in rental properties

[Hashim Jakvani]

Hey everyone. I am a californian investor fairly new to BP looking to invest $100k to $150 into properties that will help funnel my overall growth in real estate by either or both cash flow and appreciation. Just wanted some guidance to what and where should I focus my energy. Also wanted to know if the time is right to jump in to acquire any properties. There seems to be a slow down in RE transactions and prIce reductIons on listings (not everywhere). Just curious if we are heading into something. I have explored the Vegas market and other out of states markets. Wanted to also meet with other investors that have similar interests. Thanks BP community.

[Jay Hinrichs]

Originally posted by @Chad U.:

Originally posted by @Jay Hinrichs:

Originally posted by @Chad U.:

Originally posted by @Jay Hinrichs:

Originally posted by @Joe Tomko:

@Hashim Jakvani @Johnny bravo

I would shy away from broadcasting what you have to invest. However, since the cast is out of the bag, you can get a much better return by investing in notes. I'm finalizing the acquisition of a delinquent CFD using funds from an investor. The return is far better than when I owned rentals. PM me for details, if interested.

 while I like notes I don't like contract for deeds too risky when you can just simply buy good performing first trust deeds and not reperforming those are risky as well. 

although I think the OP probably wants to be a landlord .. but for IRAs nothing beats good solid notes.. 

There are a lot of people buying CFD's nowadays as many hedge funds are divesting them, and the barrier to entry is low ($$ wise). Many of these buyers are going to get a rude awakening when they have to take these properties back only to find they are only worth $10K, and not the $40K BPO that a clueless realtor compiled.

 my issue with them is buggered up title..   give me a good solid Deed of trust with fresh title insurance !!!

 That's what I actually love about them Jay, take someone's problem off their hands for really cheap that no one else wants to tackle.  The one well known fund I'm buying them from have over 10,000 and they don't even know whether they've sold at  a tax sale or foreclosure until I do some DD and report back to them.  Doing their job for them, lol.

 Big difference with someone of your skill set and experience and the HEY I want to get into notes newbie.. big difference and steep learning curve..   if you need some help let me know I love complicated deals.. that no one wants.. My favorite that made me a bunch of money was buying trustee sales with IRS liens and competition was all freaked out about them and would not bid on them.. not knowing that the IRS redeems maybe .01%  LOL..