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Updated about 5 years ago on . Most recent reply

User Stats

35
Posts
16
Votes
Joshua Cruz
  • Developer
  • Redding, CA
16
Votes |
35
Posts

What would you do with $1000 a month?

Joshua Cruz
  • Developer
  • Redding, CA
Posted

So you want to get started with real estate, and have $1000 a month to use for investing. Where would you start?

Wholesaling?

Save it for a down payment?

What strategies would you use?

Most Popular Reply

User Stats

4,135
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3,812
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
3,812
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4,135
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
Replied

I'm not sure what your market is like but $12K after 12 months is a good amount. Lot's of ways to deploy that $$$. I'd use some for education on REI. Books, classes, inexpensive courses, that type of stuff.

It's important to narrow down the area of real estate you like then go after DEALS. So many people get on BP with no direction for investing and ask for advice. It doesn't work unless you have a plan.  

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