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Updated almost 4 years ago on . Most recent reply

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3
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Sam Alkattan
3
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11
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Ok guys whats up! Big question here!

Sam Alkattan
Posted

I am a 24 years old realtor in Colorado. 

I want to make great passive income and generally a lot of money lol. 

Im open to brrrr’s and flips. 

I have $300,000 in cash 

How do i use this money?? 

P.S colorado is expensive, id like to stay local but if someone has better Ideas and know good cheap states that worth investing in, i will look into that as well!

I am still searching for a mentor but at the mean time id like some help from you guys! 

Thanks in advance. 

Most Popular Reply

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953
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908
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Peter M.
  • Rental Property Investor
  • DFW, TX
908
Votes |
953
Posts
Peter M.
  • Rental Property Investor
  • DFW, TX
Replied

@Sam Alkattan Is your broker not a mentor to you? If not why did you choose to become a realtor with them? As for what to do, be a realtor, make connections, get experience, find off market deals and wait until you find the right one. 300k can go a long way even in an expensive market if you find the right deals. For example find a property that will owner finance to you, put a little bit down, fix it up then either sell it or refinance it

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