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Updated over 5 years ago on . Most recent reply

Ian Michael Thompson's profile image
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Ian Michael Thompson
  • Real Estate Agent
  • from Los Angeles, CA
  • Member since Oct 26, 2016
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Ian Michael Thompson's profile image
Ian Michael Thompson's profile image
Ian Michael Thompson
  • Real Estate Agent
  • from Los Angeles, CA
  • Member since Oct 26, 2016
Connect
Ian Michael Thompson
  • Real Estate Agent
  • Los Angeles, CA
1
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5
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Innovative Strategies

20k to invest in Real estate

Ian Michael Thompson
  • Real Estate Agent
  • Los Angeles, CA
Posted

Hey Guys,

Got about 20k to invest in real estate right now. What’s the best way to do it?

Fix and flip?

Buy and hold?

Which locations?

Also what is the best way to connect with wholesalers or agents that can connect me to the deals.

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Joshua A Kloos's profile image
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Joshua A Kloos
  • Member since Oct 9, 2018
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Joshua A Kloos
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Joshua A Kloos
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Joshua A Kloos
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@Ian Michael Thompson

I am a fan of a strategy that involves buy and hold as well as fix and flip. Essentially, find a property that can cashflow with a renter as well as have the opportunity for some value adding. This way you can go into the property with the idea of fixing it up and selling it, but if that doesn't work out as planned, you still have the option to hold and cashflow off of the rental income!

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