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All Forum Posts by: Daniel Kim

Daniel Kim has started 1 posts and replied 1 times.

General Real Estate Investing

Post: What to do with 2 million

Daniel KimPosted
  • Posts 1
  • Votes 6

Our family is currently in another country and is moving to Los Angeles Ca in June~July. We will be selling our apartment here and after taxes will have about 2 million in USD. We want to invest in RE for CF but after some research found that CA isn't the best state for CF and have strict tenant laws. Regardless we lived in LA about 9years ago and don't feel comfortable going to another state. We want CF to be atleast net 10k a month and we are wondering just how we should invest our money. We don't feel comfortable about houseflipping because we have never done it and rather have a safer option. Open to loans but only if we net 10k a month after mortgage payments

6 Votes
Los Angeles County, California