Need guidance and options

[Aqsa Mughees]

Hi, I posted before too, please no copy pasted excerpts from articles. I want to invest in real estate. I have some money but don’t want to engage in interest. That’s a biggie for me. 

1. Can you guide me on the hot markets for real estate? Land, brrrr, house flipping? Any other idea? 
2. My budget is under 60k

3. Based on my budget can someone guide me on a few options? I am happy to talk more. 

Thanks! 

[Engelo Rumora]

Quote from @Aqsa Mughees:

Hi, I posted before too, please no copy pasted excerpts from articles. I want to invest in real estate. I have some money but don’t want to engage in interest. That’s a biggie for me. 

1. Can you guide me on the hot markets for real estate? Land, brrrr, house flipping? Any other idea? 
2. My budget is under 60k

3. Based on my budget can someone guide me on a few options? I am happy to talk more. 

Thanks! 

Hi Aqsa,

I'm bias but then again, I've owned real estate all over and haven't found a better market for sub $100,000 than Toledo.

Low entry price point

High cashflow

Employed tenants that pay rent online

Decent areas with well kept homes

Not much appreciation so IMO it's a strict cashflow play.

If you find and buy off-market you can snag some great deals for sub $60,000 purchase and rehab.

Quality of workmanship is the downside and so is motivation of other folks needed to make investing from out of state work.

So beware.

These are the downsides bit like with any market, you will always have pro's and con's.

All the best 👍