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Updated over 2 years ago on . Most recent reply

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Michael Fay
  • Arizona
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Looking for advise on our second investment.

Michael Fay
  • Arizona
Posted

I just sold my house and two short term rental cabins and moved out of state to warmer climates for health reasons. I am currently disabled but have this lump sum of a little over $100,000 and need to find the best way to make this work for me to support my family. My thoughts are to start buying single family homes around the Little Rock, AR area to start renting out and keep stacking those in my portfolio until I can start investing in multifamily. What is the best way to create the most cashflow? I would appreciate any advise anyone can throw my way. Thank you for taking the time to read and respond.

Most Popular Reply

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Chris Dye
  • Investor
  • Little Rock, AR
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Chris Dye
  • Investor
  • Little Rock, AR
Replied

Michael, 

I have been investing in the Little Rock area, specifically Sherwood/NLR, for about 18 months now. I have closed on 3 SFH in the area and both the cash flow and appreciation have been very solid. I'm a Realtor here in the area and specialize in working with investors and military members. Let me know if you decide to pursue purchasing in the area and I'll work to help you build that portfolio.

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