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Updated about 2 years ago on . Most recent reply

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Charles Ventura
  • Investor
  • Lake Barrington
1
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Need input! Real estate market and getting back in

Charles Ventura
  • Investor
  • Lake Barrington
Posted

Hello, I got my first rental property 11 years ago (3 unit apartment building), I love real estate, but…I never got another unit since! Ridiculous right?? 

Over the years I have started and grown my own business, this has kept me busy. 

Now I am ready to really start investing significantly, and would love to get input from any of the members here!


I am not looking for short term gains, but I am looking to get to $15K a month in cash flow. 

1) Is now a good time to get in?
2) What types of properties are good to focus on? Commercial, large apartments, single family?

3) Any recommendations on location?

4) Why realestate vs other business investments?

I will appreciate any insight, thanks!!

Most Popular Reply

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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,402
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13,365
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

Answers:

1 - Yes...but that's always the answer.  The real answer, in detail, are the answers to the rest of your questions

2 - Yes...it depends on the specific deal in question

3 - No.  That comes from your own analysis of all the areas you need to analyze until you find the right one(s)

4 - It's the best, safest (when done right), fastest, (when done right), with infinite returns, with exponential returns, and most enduring through many generations of wealth.  Other than that, I guess it's OK.

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