Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
40k to invest. Very short term goal. Where to look?
Our fault just recently grew and we have a need to buy a new car. A used Audi Q7 is going to run around 35-40k or a monthly payment of $400-500.
I don't want to waste the money by paying cash for the car. I was hoping on guidance on a rental property that I can invest in with that much cash which in turn can net me 400ish a month to take care of car payments.
I am based out of fremont, CA and there is nothing remotely close to here which could be had for 40k in hand.
I am looking at something which. Property management company can help with and eventually grow the portfolio in same region. Y adding more properties.
Any guidance would be appreciated.