If you magically had 100,000 to invest...

[Dave Allen]

I'm in a bit of a situation

My wife and her parents are selling a duplex they own together.

My wife is trusting me to re invest into cash positive investments.

We could stand to take as much as a quarter million, and tax free since we lived in the property 2 of the last 5 years.

What are some suggestions for markets that would provide cashflow? I'm looking at Duluth MN because of a video posted on BP, but I recognize this is an opportunity most would dream of, because it's one I've often dreamed of

Well now it's in my lap, and the pressure is on.

Hit me with your scenarios, what would you buy? Where?

Thanks for reading

David

[Jay Hinrichs]

Quote from @Jonathan Greene:

There are a million ways you could go with it, but your first thought I would say isn't grounded in evidence (a video on BP). So start with the goal. What does a cash positive investment mean to you? Do you need cash flow from it for income or will light to no cash flow work if you can groundswell appreciation on a good asset? Where do you live and how far would you want to travel to manage the property? If you don't want to manage the property at all, you are losing money on the management when small scale management is not hard at all with a little help. Also, if your wife and her parents were the real estate investors first, why aren't they weighing in?

well there is only one answer to this Columbus Ohio.. full stop.