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Updated almost 2 years ago on . Most recent reply

User Stats

50
Posts
43
Votes
Vivan Bhalla
  • Developer
  • Newport, NJ
43
Votes |
50
Posts

$50k saved. Where to start?

Vivan Bhalla
  • Developer
  • Newport, NJ
Posted

Hi Everyone,

I have been on this forum for quite a while and got all the motivation to start real estate investing from here. I have finally saved around 50k to start investing in real estate. I live in California but I want to invest out of state to get a better deal. My aim is to achieve financial freedom through real estate and make atleast 3000$ with a few real estate investments I make.

If there is anyone who was in the same position and achieved what I am planning to achieve or can help me please let me know. 

Thanks in Advance

Most Popular Reply

User Stats

157
Posts
218
Votes
Katherine Serrell
  • Investor
  • Raleigh
218
Votes |
157
Posts
Katherine Serrell
  • Investor
  • Raleigh
Replied

North Carolina is a really hot market to invest in and is still on the upswing. I live in Raleigh and all of of the surrounding counties (Wake, Durham, Johnston, etc) are hot. Apple, Google, Xerox, Fuji film, and Meta are all coming into the area. 5k people a month move to the area which has created a housing shortage, rent spikes, major appreciation (not just due to inflation) and you can still find single family homes for sale on the MLS in good condition for ~250k+ Tenant-landlord laws are landlord-friendly and taxes are low. The Triad (Greensboro, Winston Salem) and Charlotte/surrounding areas are also good and have good units for less than 250k. I have lived in or around Raleigh most of my life. Happy to connect, answer questions, and help in anyway I can.

  • Katherine Serrell

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