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Updated almost 5 years ago on . Most recent reply
How to invest 100K???
Looking for some friendly advise on how you would invest 100K. I currently own 5 doors in Southern California (2 duplexes and 1 single family) and I have 100K sitting in my bank account and I need to put it to work...
Some of the ideas I’d had are to either leave my comfort zone (California) and buy something out of state... but where??? Or just stick to my comfort zone and buy a property in California 400K or less... I’ve also contemplated on building onto one of my duplex, which has a big empty lot, this option I was quoted 130K for a new 2/1 1000 SF home.
I would appreciate any ideas or suggestions...
Ivan,
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#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- St. Paul, MN
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#2 Multi-Family and Apartment Investing Contributor
- Rental Property Investor
- St. Paul, MN
I'd consider investing in a syndication or finding a few partners to buy something larger