20k to invest in Real estate

[Ian Michael Thompson]

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.

[Joshua A Kloos]

@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!