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Updated over 9 years ago on . Most recent reply

User Stats

118
Posts
16
Votes
Joseph M.
  • Investor
  • Boulder, CO
16
Votes |
118
Posts

Best way to cash flow

Joseph M.
  • Investor
  • Boulder, CO
Posted

Currently own 3 properties, 2 rentals and 1 primary residence. I live in expensive area with high taxes in NJ. I out very little down on these properties and the rentals cash flow a tiny bit, but I bought them mostly for long term appreciation.

At this point, my focus is to build cash flow. Ideally I would like $100,000 in cash flow (net profit) within 10 years or less.

I have about $25k and looking for my next investment, but not sure what to do. Have considered Turnkey with reputable company or considering other options, such as a 203K investment loan on a distressed property.

I have a full time sales job with about 10-15 hours to spare each week. Also have a real estate license in referral status.

Any ideas?

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