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Updated over 10 years ago on . Most recent reply

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69
Posts
8
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Jerry M.
  • Investor
  • Smithfield, NC
8
Votes |
69
Posts

250k to invest

Jerry M.
  • Investor
  • Smithfield, NC
Posted

 The question I have is how would you invest 250k cash? Paid off low income homes, use as leverage to purchase as many properties as possible or use as a down payment on a small apartment complex/trailer park. I personally think it would be best to purchase as many low income homes as possible. 15k to 25k homes renting for 500 to 650 per month. Please when you answer I would also like to hear way you would invest that way.

Thanks   

Most Popular Reply

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7,626
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4,161
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Karen Margrave
  • Realtor, General Contractor, and Developer
  • Redding, CA & Bend OR
4,161
Votes |
7,626
Posts
Karen Margrave
  • Realtor, General Contractor, and Developer
  • Redding, CA & Bend OR
ModeratorReplied

@Jerry M. What are your goals? What is your age? What is your experience? What niche are you interested in? Do you have experience dealing with tenants, properties? What is the market like in the area? Demand, etc.? Local economy? 

There's so much that goes in to making a decision on real estate. If you have that amount of money, and aren't sure what to do with it, I advise you to put it in an interest bearing account, and educate yourself first, beginning here. 

Have you read Beginner's Guide to Investing and listened to the podcasts? There's an enormous amount of information here for the taking. Once you have a few more specifics, you can post more questions. 

Also, just doing a search on the words "if you had to invest" you'll find many other threads identical to yours, read those answers. If you had to invest, what would you do?

There's so many different things and ways to invest. From properties (new, fix/flip, buy/hold) apartments, hotels, notes, making loans, buying parking lots, marinas, car washes, office buildings, condos ... you name it and there's someone on BP doing it! HAVE FUN! 

  • Karen Margrave

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