Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago,
$2000/month in income to invest, starting from 0. What do YOU do?
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!