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Updated over 10 years ago on . Most recent reply
Best bang for my buck
I have a question for some of you people that have long term success in REI. What angle would you start from if you were in my shoes? I work full time and I have about $72,000 cash on hand. I am near the Toledo, OH area. I have some experience with home rehabbing and home building. Homes in my area go for 10k-100k. Just curious if you ha I start all over again with my situation, what you would do.
Most Popular Reply
Hi Jim, what are your goals for investing in real estate? Are you looking to preserve your capital? Are you looking for a slightly better return that stocks? Are you wanting to build a real estate business? Are you looking for giant returns like what you can get flipping? Also, how much work do you want to put into it?
There are a ton of directions you can go with that much cash in Toledo. It really depends on your goals, your skills and your time.