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Updated over 4 years ago on . Most recent reply

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18
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7
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Antwan Davis
  • Real Estate Agent
  • Lawrenceville, GA
7
Votes |
18
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How would you invest 5k in real estate?

Antwan Davis
  • Real Estate Agent
  • Lawrenceville, GA
Posted

I have a budget of 5k... I would like to hear from others on ways to increase my income. I thought about mobile investing, as well as spending it on marketing since I am a licensed agent.

Any suggestions for most ROi?

Most Popular Reply

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462
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365
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Jon Reed
  • Rental Property Investor
  • Springfield, MO
365
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462
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Jon Reed
  • Rental Property Investor
  • Springfield, MO
Replied

$5K isn't really enough to dive into your first property. That is a good start on a cash reserve to have for when you do start investing in real estate. 

If you are not looking to save it and build up reserve for when you do buy a property... then I would talk to agents in your area and see what marketing work's best for your area. Hopefully that will grow your income as an agent which will then get you closure to investing in real estate. 

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