I'm a Complete Rookie at this

[Gene Felten]

Hey everyone,

This is my first forum, i'm happy I found it because it's exactly what I need right now (I'll explain why further down). The helper says I should introduce myself, interact with people and have fun so here goes.

I'm Gene Felten, currently living and working in Togo, Africa, at my dad's renewable energy consultancy company. My dad is from Pasadena, California, and my mom is from here, Togo, Africa. We've lived in the U.S, all over Africa, I went to college in Italy and London and we'll probably continue to move around in the future.

In the next coming weeks my brother and I are going to be receiving an inheritance from my grandfather (Gene Sr). I want to get into real estate. I like the idea of a passive income every month, potentially buying and flipping houses, maybe get into renovating and of course meeting other real estate people. So with our inheritance I want to start by going 50-50 with my brother and maybe spend up to 100k. We could spend more or less, like I said I'm such a rookie at this and would love some advice. I've been doing research and Florida keeps popping up as a spot where investing in property is a good idea right now. I like the idea of that because it's on the east coast, and if I had to fly back and forth for a while plane tickets wouldn't be as bad as flying all the way to California or wherever. Atlanta also pops up, I also saw Raleigh, NC. I think I want to stick to the east coast for now until I eventually move back to the U.S to dip back into the west. I'd love to know where the best options in America are right now. Or is America not even the best place for real estate right now? Europe? South America? Should I buy a turnkey property to start? Or a cheap rundown property ready to be renovated?

Please let me know your thoughts,

Thanks