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Updated almost 7 years ago on . Most recent reply

User Stats

67
Posts
20
Votes
Eric Gabriel
  • Investor
  • Charlotte, NC
20
Votes |
67
Posts

$100,000 Question (Seeking Opinions/Advice)

Eric Gabriel
  • Investor
  • Charlotte, NC
Posted

I'm new to Charlotte and looking for partners/ideas.

If you had $100,000 to invest in the Carolinas passively and wanted to multiply it as quickly as possible, where would you invest it?  If you had $300,000 to invest, would that change your answer?

Partner with Lonnie Dealer?

Buy a Mobile Home Park?

Fix and Flip Singles?

2-4 Unit BRRRR?

Other?

I have good credit, tax returns, and investment property equity.

Most Popular Reply

User Stats

689
Posts
525
Votes
Andrew Kerr
  • Rental Property Investor
  • Everywhere, USA
525
Votes |
689
Posts
Andrew Kerr
  • Rental Property Investor
  • Everywhere, USA
Replied

@Eric Gabriel NC is one of the areas I invest, and the Raleigh and Charlotte area are very hot compared to where they were a couple of years ago. I am personally not investing in anything unless there is value add. I need there to be ways to increase value right away whether that is through updates, rent increases, putting in professional management, etc.. 

If I were you, I would look at partnering on some bigger deals, or a do a BRRRR.

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