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Updated about 4 years ago,
In 2020 - Skip single family and go directly into Multifamily?
In the Las Angeles / Las Vegas region, have some capital that I am looking to invest. Want to be prudent, goals are cash flow, downside protection, and potential for capital appreciation - real estate seems to fit the bill perfectly. Have 500k+ of equity capital ready to deploy
Own a few single family in Las Vegas. Am looking to expand portfolio. OK to be involved and hands on - don't need to be passive and invest in a syndicate, although syndicates may provide unique opportunities
A few options:
1) Homevestors franchise - fix and flip. Don't like how it is more transactional in nature, less steady cash flow stream, can take some time
2) Buy multi family - supply seems low, is LV a good market for multifamily?
3) New build single family - how can one get into this?
4) Multifamily - seems what Brandon preaches - are there good opportunities in LV / LA region?
5) Commercial - amazon or fedex etc. storage / warehouses - any one have experience with this type of property?
I have over a decade of experience in the financial services industry and am comfortable with learning a new vertical. I love the Bigger pockets podcasts and this community seems very engaged. Curious on people's thoughts here. Ultimate goal is low maintenance passive income, although willing to put in the work to get the system set up