How Would You Invest $200k?

[Daniel Han]

I know there are a multitude of answers to this question and each will have positives and negatives but I was just wondering....

What would the best real estate investment be with $200k? I'm in Los Angeles and I am pretty wary of investing here due to the eviction moratorium and problems with the State's/City's policies. I'm looking into Turn Key properties but there doesn't seem to be much return these days. 5% cash on cash return seems to be the average based on some properties I've seen. Texas properties seem to break even for turnkey properties. I do like that paying off principle and appreciation is there but cash on cash ROI would be great.

Does anyone have any other suggestions?

[Account Closed]

Bullsh...t!!! Don't ever put your money into Turnkey properties and don't ever put your money into any type of real estate investment where ome clown has full control of your cash. 

I've been searching for properties throughout the United States, own properties in 4 states and I never found an area better than California even with California's high prices. Just last week, I posted numbers showing you can purchase properties in Ohio for $50,000 per unit, in California for $300,000 per unit and you will make far more profit in California because there is still more upside for increasing rents in California and rent increases automatically increase the re-sale value of multi-unit properties. The problem with states where rental units are cheap is the rents are too low, will remain low for many years and the when the properties need repairs it takes many more months of rental income to do those repairs.

If you have $200k to invest look for no less than a 4-plex and try to get some sort of financing with a low down payment, or wait until you have more cash.

I've been putting together some fairly neat software for doing all sorts of breakdowns and before you purchase a property feel free to post all your numbers and I will put them in my software.