I live in LA, CA with 100k in savings. Whats my best REI option?

[Tayo Owoeye]

I live in Los Angeles, CA and now have 100k in my savings. I want to get into REI and not sure where to start. I've been doing a lot of research, and buying a multi family seems like an attractive idea but I'm not sure if I even have enough money to start

[Nabil Suleiman]

@Tayo Owoeye Prepare yourself for the onslaught of suggestions and PM's. Every place is going to be a shiny diamond with potential. 100k can get you very far in most places outside of major metropolitan areas. start reading more into the forums on out of state and you can see what people are doing in each one. A lot of people are currently bullish on Florida, Texas, Arizona, Missouri.. and I am sure the list will go on. You can keep it local too but suffer the difference in cap rates. Look into all the places you can, take everyones suggestions with a grain of salt, especially if they are from there or can sell you something, and find what things you believe in that would persuade you to invest there. (aka industry). Once you narrow those down it will narrow down your choices, and you can dive deeper into those places, and then connect with people that invest there for their thoughts and suggestions. It takes some time to do, but as you look more into it you will find that one shiny diamond that shines the best for you.