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Updated almost 7 years ago,
CASH FLOW - Where to invest if you were to start all over?
I haven't owned an investment property for move than 10 years, what are my options to create an investment with passive income?
I live in Utah and don't mind investing out of state for a worthy property, but my first choice would be to invest locally to get my feet wet. I qualify for a VA loan, and have been qualified for 453k and more with cash I have on hand.
Options I have looked at:
1) Build a Duplex/TriPlex/Fourplex
2) Buy existing multi unit, with or without a seller carry.
3) Possible Mobile Home park??
4) Buy a Condo in Park City and rent daily
At this point, I'm looking at options and really best practices from experienced investors if they where to start all over again?
How do I leverage my first property to buy future properties?
Thank you for your time and patience with a new investor.
Keith