All Forum Posts by: David Huegel

Thank you all for your time and suggestions!  I really feel like investing in turnkey is my best option.  Just a matter of where now.  If anyone has suggestions for good Turnkey companies, PM me please.  Thank you again!

Ian Ippolito, thanks for the info! I'm nonaccredited. Will becoming accredited help me at all? How do you go about doing that? What kind of ROI do you receive from a crowdfund? Do the funds have to be tied up for a certain period of time? Can the returns be directly be reinvested?

Thanks for your time!

@Jay Hinrichs  Thanks for the input!  How do I go about starting in or investing in First Trust Deeds?  I know zero about that.  Is there a thread I can read or someone local I can speak with?

@Larry F. I read the info and probably should have added that my wife and I will be out of the country for the next ?? traveling.  I just need a place to put my money where it is making some returns but not sitting in the bank.  I def wouldn't mind tax benefits but they aren't too important to me right now.  Perhaps when I get back and really start investing my time more.  Also, I don't plan on touching the cash-flow, I plan on reinvesting it.  Whether that be paying down the mortgages faster on rentals or reinvesting it in a crowdfunding/syndication.  

@Bryan Garrett Thanks for your response!  Do you have any good suggestions for turnkey companies?  I have been talking with Morris Invest and Memphis Invest so far.  What about Syndication sites/companies?

Hello BP community!

I need some direction from anyone with investing experience.  My wife and I are debt free, we have excellent credit.  We own a mobile home free and clear that we are currently renting to a single mom with 3 kides.  After expenses, we make about $150/month off of that property.  That property is worth about 50K fair markey value.   If the mobile home becomes vacant I can either sell it to purchase more buy and holds or I can raise the rent to where we would be cashflowing more like $650/month after expenses.  What would be your suggestion for that? 

We also have 60K cash and I want to know the best route to invest that money. I have been looking into turn key buy and hold companies. I'm not wanting to do fix and flips at this time. What would be your suggestions for the cash?

Any advice would be helpful!

Thanks!

Dave