Lithia Springs · Member since 2016 · 61 posts · 12 votes
If you had 75k to 100k of capital what route would you go about investing? I have experience in wholesaling and buy and hold. It's been a while since I've done any active investing. So I wanted to see what has been good for everyone. Texas and Georgia would be my areas for investing.
Lithia Springs · Member since 2016 · 61 posts · 12 votes
4y
@Scott E. Thanks Scott... yea I'll be currently getting the capital from a long term rental that has appreciated. Overall goal is to get about 10k monthly coming from Real estate. I'm already in the stock market as a day trader now so I'm not putting anything else there. I like idea about holding until the market correct itself but who knows when that would be🤔 but I will definitely hold some for it
Contractor · Sheboygan, WI · Member since 2016 · 921 posts · 266 votes
4y
@Joe Threats buy a NNN lease short term vacation rental at a 10% cap. Earn $2,000 per month as passive investor with no management knowledge required.( 100k down payment on 500k duplex)
@Scott E. Thanks Scott... yea I'll be currently getting the capital from a long term rental that has appreciated. Overall goal is to get about 10k monthly coming from Real estate. I'm already in the stock market as a day trader now so I'm not putting anything else there. I like idea about holding until the market correct itself but who knows when that would be🤔 but I will definitely hold some for it
You're get there, you're on the right track. I'll just warn you that getting to $10k per month is going to take time. In these market conditions, it's going to take a long, long time. So be patient, and be a sponge learning as much as you can along the way.
If you had 75k to 100k of capital what route would you go about investing? I have experience in wholesaling and buy and hold. It's been a while since I've done any active investing. So I wanted to see what has been good for everyone. Texas and Georgia would be my areas for investing.
This 100% depends on your goals. As a young investor I personally am taking a more active approach at the moment, flipping properties, knowing that in a few years as life gets busier I'll need to take a more passive approach. Not only is this building my capital and confidence as an investor, but the amount of knowledge I'm getting about each neighborhood I invest in is invaluable and helping me scout out which areas I know I'll want long term properties in once I decide to shift my approach.
Commercial Real Estate Fund Manager · Lynchburg, VA · Member since 2015 · 1k+ posts · 1k+ votes
4y
Hey @Joe Threats unless you are fully committed to being obsessively focused on a certain asset class…as an ACTIVE investor…I would highly recommend that you deploy your capital into a passive investment opportunity. It is just too difficult to chase multiple paths to success. It usually ends in failure or massive burnout or difficulties in having a life and family, etc.
There are lots of passive opportunities on crowd-funding websites like Crowdstreet and Fundrise. There are also lots of syndications and funds you can invest in.
If you do want to be obsessively, 100% focused however, I would defer to some of the commenters above and ask; “what do you really want to do?” Good luck!
Lithia Springs · Member since 2016 · 61 posts · 12 votes
4y
@Paul Moore thanks Paul, yes I know for sure I can handle the rental property since that's what I been holding onto the last 3 years... I just recently in the last year became a full-time daytrader so I have flexibility.... I'm most likely will look for long-term rentals via buying low and brrrr them until I aquire enough until I can cash flow the amount I want. I will look into syndication more as well.