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Updated almost 6 years ago,

User Stats

8
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3
Votes
Josh Klauber
3
Votes |
8
Posts

Fortunate to be starting out with $, seeking advice

Josh Klauber
Posted

First time posting, appreciate everyone’s time

I will soon be selling my warehouse (and likely my company) for a substantial amount of money. I am fully convinced that real estate is where I want to put my money but am seeking recommendations on where to start. For the warehouse I want to 1031 and it has been appraised for 5 million. As a newbie does it make sense to start with a NNN while I learn? Should I try to partner and purchase a larger building? MHP is also very interesting to me. Unfortunately being in Brooklyn it seems that the best bang for my buck is out of town and it's a scary thought investing that type of money long distance. I find most of what I come across on BP is about single family, duplex, etc but it seems to be consensus that it is best to scale to larger buildings once you have the capital. Very appreciative of any advice you all might have and very happy to have stumbled onto BP.

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