What you do with $50,000 in your market, right now? Or anywhere?

[Steve Burrell]

Curious who’s doing what, and where. How far could a number like $50,000 could go in different parts of the county? I also wonder what different strategies people are using. Thanks!

[Account Closed]

Originally posted by @Steve Burrell:

Curious who’s doing what, and where. How far could a number like $50,000 could go in different parts of the county? I also wonder what different strategies people are using. Thanks!

Decide which kind of investor you want to be (SFR, Commercial, Land, Tax Liens, Passive, HML, Multi-Family, Notes, Fix & Flip, Buy & Hold, "Subject To", apartments, duplexes, assisted living, REOs, Foreclosures, Short Sales), etc. Decide how much money you have access to, & the zip codes, city or state you want to focus on. That will determine the next step. Outline where you want to be in five years. Put it all in writing. Start working your plan. There are plenty of people around to help you each step of the way.

Here is how I deploy that amount: 

Average Cash Flow Per Door In Phoenix Metro Area

https://www.biggerpockets.com/forums/600/topics/584916-average-cash-flow-per-door-in-phoenix-metro-area