Seeking alternative investment strategy
Long story short I am receiving $35k from a side work project. This is not part of my typical compensation. I max my roth 401k annually and own 1 out of state single family rental. I am interested in using these funds for an alternative real estate investment strategy outside of long term buy and hold rentals (tax lien, air bnb arbitrage, commercial, data center).
Would love to hear thoughts and opinions
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- Rental Property Investor
- Phoenix, AZ
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Nice work on the $35K! Since you already own a long-term rental, this is a great chance to diversify.
If you want something hands-off but still income-generating, consider turnkey rentals in cash-flowing, landlord-friendly markets like Alabama, Indiana, or Missouri. You can often get in with $30K down, and they come rehabbed, often tenanted, and professionally managed.
Alternative ideas like tax liens, Airbnb arbitrage, or niche commercial can work, but they usually require more time, risk, or expertise. If you want a solid return with minimal effort, turnkey is a strong next step.
Always here to help analyze markets or specific properties!
Best of luck,
Melissa
- Melissa Justice
- [email protected]
- 313-221-8718