Updated over 3 years ago on . Most recent reply
New to Investing. Ready to jump in.
Hi, I’m new to real estate investing. I currently live in (own) a house with wife and kids so house hacking is off the table. What’s the best way to start out considering I have roughly 50K. I’m reading up to gain knowledge. What would someone suggest? I live in Philadelphia/Atlantic city area. If anyone lives in this area and would like to discuss things. Let me know!
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Hey @Sean Carberry I am in the Philly area and would be happy to chat. Like others have said, it depends on your goals/how active you want to be. Turn-key is great, but ROI is generally much smaller than other methods. BRRRR has much higher ROI, but is way more active. There are lot's of other strategies in between. If you are accredited, you can also invest in syndications, but again, lower ROI than some other strategies. Happy to talk through this with you if you would like.