If you had $150k where would you start?

[Tyler Magee]

Hello everyone, I’m looking to get into real estate investing. I live in Tampa Florida. I am a husband and a father to 3 children. I work 40 hours a week usually from 4pm -12am. I’m 37 and I’m wanting to do real estate full time eventually(if it takes 5-10 years, that’s fine). 

So my question is, if you were in my shoes, where would you start if you had $150 cash with good credit?

I love the idea of flipping houses and I love finding good deals. I’ve been bouncing back and forth between markets like Chattanooga with higher appreciation, and markets like Birmingham with more cash flow. Im truly open to any suggestions and any markets (I chose those because of proximity to Florida).

Thank you in advance for any advice. 

[River Sava]

Hi Tyler, 

Welcome to BP. I'm based in Tampa and am happy to connect.

I also have family in Chatanoogo and originally from AL, so I can help when it comes to those markets. However, if this is your first flip/investment it typically is easier to do something local and then expand to further markets. Feel free to send me a DM if you want to chat further.