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Updated over 11 years ago,
need advice for a new investor
Hello fellow investors My name is Jed and I'm from farmington NM. I currently have $20,000 To start investing. My ultimate goal is to get a monthly cash flow of 6,000 within the next three years. I was thinking of investing in mobile homes to turn into rentals, to cash flow but I was wondering if that would be the right route to take... or should I invest that money into the more conventional site built property, and or flipping. I already have two mobile homes that I am in the process of getting ready to rent. I've been doing tons of research and have found it daunting all of the possible strategies. So Any advice to what direction I should take that can help me reach my goals
would be greatly appreciated ?