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Updated 11 months ago on . Most recent reply
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Newbie investor analysis paralysis
Hey BP community,
I am a long time listener of the podcast, and really want to get started with investing in Real Estate. My goal right now is to retire my fiance and try to be more in control of what we do in our lives when it comes to making money. We currently live in San Diego, but are open minded to out of state investing for sure. We are eager to meet like minded people and start our investing journey in hopes to live our lives doing what we love and hopefully helping others along the way as well. We currently have some money saved up thats sitting in a bank account and waiting to be invested, but I am not sure whether or not to invest in an airbnb for more potential cash flow or a multifamily for a steadier income. Any help or suggestions would be greatly appreciated. We are just excited to be here and start our journey!
Most Popular Reply
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Quote from @Martin Bys:
Hey BP community,
I am a long time listener of the podcast, and really want to get started with investing in Real Estate. My goal right now is to retire my fiance and try to be more in control of what we do in our lives when it comes to making money. We currently live in San Diego, but are open minded to out of state investing for sure. We are eager to meet like minded people and start our investing journey in hopes to live our lives doing what we love and hopefully helping others along the way as well. We currently have some money saved up thats sitting in a bank account and waiting to be invested, but I am not sure whether or not to invest in an airbnb for more potential cash flow or a multifamily for a steadier income. Any help or suggestions would be greatly appreciated. We are just excited to be here and start our journey!
Hey Martin - I would choose a market in the Midwest like Columbus. You will have the highest yield on your money here. I own several properties here and work with OOS from Cali and WA who buy turnkey, brrrr, and short-term rentals.
Cost of properties are cheaper and home prices are doubling every 4-5 years.
- Alfath Ahmed
- [email protected]
- 614-802-5698