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Updated over 4 years ago on . Most recent reply

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8
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Leroy Abrahams
  • Birmingham, AL
3
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8
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How to best invest $50K

Leroy Abrahams
  • Birmingham, AL
Posted

Given the times in which we live, what is the best way to invest $50K in Real Estate over the next year to maximize Cash Flow and wealth accumulation?

Most Popular Reply

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266
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311
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Guy Yoes
  • Rental Property Investor
  • Springfield, Mo
311
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266
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Guy Yoes
  • Rental Property Investor
  • Springfield, Mo
Replied

@David New

Most books cover the same information. I went to Amazon and got 2-3 of them. One was just on REI the other two were about Tax liens. I don't remember the titles offhand as I loaned them to a guy to read and haven't seen them since.

I like that the liens are backed by the city or county that issue them. Usually you get paid back fairly quickly with interest. There are some variations depending where you live. The lien sale is posted in the news paper and usually just a couple times a year. You could go to different towns to attend their auctions.  I suggest going to a few to just watch. It' like most auctions and some people tend to over pay.  Good luck!

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