Best 100k Investments/Triplexes

[Rupesh Singh]

Hi all,

Pretty vague question, and I know it depends on an individuals specific goals... but I am curious to see what kind of responses this may get. 100k is not a lot of cash in Southern California. It could be put as (part of) a down payment on a 600k triplex that would net roughly $500 a month in positive flow. That sounds dismal to say the least. 

I have heard of SFR's in some states for as low as 30k that can rent out for $800/month each. I am not sure if my friends were feeding me bogus numbers or if those are legit. I've also heard of triplexes in Portland or Seattle that may be more affordable. What do you guys recommend for cash flow? Of course, long term appreciation is also a consideration but not so much a huge focus. Thanks in advance.

[Josh C.]

Yep depends. I’d buy for 40 and put in 60 and rent or sell in my market.