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Updated over 2 years ago on . Most recent reply

Overwhelmed beginner need advice or guidance
Hey all,
Looking to really get started with rental properties, but overwhelmed with the different paths I could take. Duplexes, triplexes, commercial... My only experience with real estate has been an apartment I own in Miami (bought it in 2020), which is cash flowing $500 at the moment.
I am currently sitting on roughly 250k that I would like to put to work. I hear more experienced business people agreeing that the next several of months will be good time to be liquid and I'm fighting with myself about whether I should wait (for something to happen?) or pull the trigger on some properties (and if so, which?).
Any advice or help is highly appreciated.
Thank you!
Most Popular Reply

@Guillermo Rozenblat- thats great - you have half the battle won ....I recommend trying to scale down the possibilities and focus on several specific plans in specific locations and seeing what you can find .....if you are trying to look at everything / everywhere you will likely freeze ... eg.. maybe focus on 2- 3 plexs in FLA or wherever you live and see what happens ....