Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

58
Posts
25
Votes
Nova Mendoza
Pro Member
  • Rental Property Investor
  • Ontario, CA
25
Votes |
58
Posts

What to do with $100k in this market?

Nova Mendoza
Pro Member
  • Rental Property Investor
  • Ontario, CA
Posted

My husband and I did our first live in flip which is currently in escrow. We will net approximately $100K which I know isn't a lot to invest in Real Estate especially because we live in California. I don't want to let the money just sit in the bank and wait for the market to shift to begin investing again. So I pose the question would you do with $100,000.00? Real Estate related or not I'm open to ideas to make this seed grow. Eventually we'd love to invest in another Flip, or Brrrr deal. We were looking into other areas like Memphis, Texas, OK, Fl, AR, and other places to buy a deal that would at least cash flow but haven't found anything yet. I would love to connect with local wholesalers and wholesalers in different states. Please send me a message if that's you or you are connected to one that you recommend. Any advice would be so appreciated.

  • Nova Mendoza
  • Most Popular Reply

    User Stats

    1,478
    Posts
    1,270
    Votes
    Paul Moore
    Pro Member
    • Commercial Real Estate Fund Manager
    • Lynchburg, VA
    1,270
    Votes |
    1,478
    Posts
    Paul Moore
    Pro Member
    • Commercial Real Estate Fund Manager
    • Lynchburg, VA
    Replied

    @Nova Mendoza. I recommend investing part of those proceeds in some great training/coaching/mentoring. There is no substitute for that.  

    Loading replies...