Just starting out

[Account Closed]

Hello everyone I’m a brand new realtor/investor and I have a friend selling her house next month it’s going for a little over $300,000 and she bought it for $180,000 a couple years ago I’m trying to see what her options are as far as investing that money into other properties in this market since she will be occupying a apartment for a year or two . Any ideas? Thank you 

[Taj Akinbode]

I agree with you that there are crimes everywhere and blanket statements that totally discounts an entire city or state don't often help. Here are some investment strategies you could bounce around with your friend. Each strategy has its own unique advantages and disadvantages, and the suitability of each strategy will depend on individual goals, risk tolerance, and financial situation.

1. Buy and hold: This strategy involves purchasing a property and holding onto it for an extended period of time, with the goal of generating income from rent payments and appreciation in property value.

2. House flipping: This strategy involves purchasing a property, fixing it up, and then selling it quickly for a profit.

3. Short-term rentals: This strategy involves renting out a property for a short period of time, typically less than a month, and generating income through nightly or weekly rental rates.

4. Real estate investment trusts (REITs): This strategy involves investing in a professionally managed portfolio of income-generating real estate properties, offering diversification and liquidity.

5. Joint ventures: This strategy involves partnering with other investors to purchase a property and share in the profits, offering access to larger investments with less personal capital required.

There are many more. These should get the conversation going.

I am an investor-friendly Agent here in the Houston Market. If you would like to chat further or get professional answers to your questions quickly, don't hesitate to contact me. Happy to help!