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Updated almost 11 years ago on . Most recent reply

Account Closed
  • Bowie, MD
7
Votes |
70
Posts

$10,000 to invest

Account Closed
  • Bowie, MD
Posted

If you had $10,00 to invest in real estate what would you do with it?

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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
Replied

@Jassem A. I've bought homes that cheap too.  The problem is, he needs to have that money make him money that he can use down the road, faster than he can with one rental.  He needs to build up to the point where he can go into the market for houses at  the $50k range, with all cash.  Once there, he's on autopilot.  Putting all of it into one house to sit, means that $10k just died.  Cash must be moving to have value.

Joe Villeneuve
REcapSystem
A2REIC

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