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Updated almost 7 years ago on . Most recent reply

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Sean Grieve
  • Ambler, PA
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How would you invest $10k?

Sean Grieve
  • Ambler, PA
Posted

I have often heard  @Brandon Turner ask guests of the BP podcast how they would invest $100k? As someone who does not have this type of capital to invest yet, I am curious what investors would do with $10,000-$15,000?

Obviously, the answer depends on one's life situation and goals but assume no outstanding debt except for debt service on a few properties. Additionally, assume a full-time job outside of real estate investment. 

Thanks in advance for your feedback. 

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Rachel H.#2 Mobile Home Park Investing Contributor
  • San Antonio, TX
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Rachel H.#2 Mobile Home Park Investing Contributor
  • San Antonio, TX
Replied

@Sean Grieve Yes, it would depend on the person and their situation. The hardest thing as a real estate investor is to find a niche that works with your personality. (I even wrote a whole book on this specific subject!) Though for me personally, I transitioned from single-family homes to mobile homes. Having less capital to work with on a small deal can definitely be quite profitable on a mobile home investment. Buying mobile homes in general requires less money than your typical single-family home investment. But again, it depends on the person. Hope that helps!  

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