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Updated about 8 years ago,

User Stats

16
Posts
8
Votes
John Riggs
  • Attorney
  • Denver, CO
8
Votes |
16
Posts

$2000/month in income to invest, starting from 0. What do YOU do?

John Riggs
  • Attorney
  • Denver, CO
Posted

Dearest BP Gurus,

How would YOU go about investing $2,000/month of income? Although each person's situation is different-and thus $2,000/month may be too high/low-I believe that if you're a new (or wannabe) real estate investor, and have solid income from your W2 job (or some other source of legal, regular income), a post of this sort can help tremendously. 

Thoughts on strategies, insights, business plans, investment risk profiles, out-of-state vs. local, large markets vs. small, etc. are all welcomed. 

So that we can all be on the same page, here are the parameters for the discussion:

Amount in savings: $0

Amount available to invest: $2,000/per month (or $24,000 at YE17)

Since this is BP, please keep it related to real estate! 

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