Help with investment Planning

[Bobby G Deloach]

Looking for advice.

So I have $200k available and I'm in a market where average rent is approximately $2205 - $2450. Most properties im looking into are minimal work needed and around the 1% rule. With 200k, whats some great strategies for creating a 20k/month income within 6 - 10yrs?

[David Ginn]

Hi @Bobby G Deloach,

The best advice for you is to take that 200k and if you want to be passive lend it. Our clients pay 12% and 3.75 points a year, that’s a 16% return on investment. You can get that all day long or you get 20% of the equity share and get that all day long. That will accelerate your rate of return if you want to be more passive not active.



The other answer to that is; FLIP, that's where you make your money. If you're flipping like in our system, my clients make 30-40% per property on their money that they've invested in. There's a really clean strategy on how you do that, most flippers make 10%, and we make more than that. There's a reason because based on the strategies we use. So, in your particular case that's what you want to do is buy, renovate and flip and your margins will go all the way up. Also, you can flip it in the up or down market, and look at where everybody else can see that.



All right, that is my advice for you.



Make it an awesome day!