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Updated over 9 years ago on . Most recent reply

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Terry Cobbs
  • Retired law enforcement and defense contractor/consultant in Afghanistan.
  • Round Rock, TX
6
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17
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I have some money to invest....what are some good ideas?

Terry Cobbs
  • Retired law enforcement and defense contractor/consultant in Afghanistan.
  • Round Rock, TX
Posted

In January I will have about $35,000 freed up to invest. I am a retired government worker  with a pension and I have ZERO real estate experience, other than my own home. The government pension means I need a second source of income to live life to the fullest and also have some cushion - plus I do NOT want to punch a clock for someone else anymore. What are some good investment strategies for this money in real estate? I am researching and studying wholesale as one means, but surely there are some smart ideas of what to do with this $35k that will get me going, as well.

Thanks for all of you guys being here. I appreciate it.

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
62,915
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Terry Cobbs use the equity to fund fix and flips.. although not sure you have enough to do much... also you could get schooled on buying NPN those you can find very cheap all over the US.. but they are WORK to get them to bear fruit. but it sounds like you have plenty of time to devote to a new project.

Tax liens in your state ( I think its a tax lien state) could be an option as well.

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JLH Capital Partners

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