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Updated almost 5 years ago on . Most recent reply

User Stats

25
Posts
2
Votes
Tom Keller
  • Raleigh, NC
2
Votes |
25
Posts

$20-30k to invest, what would you do to find a cash flow?

Tom Keller
  • Raleigh, NC
Posted

Currently live in Raleigh, looking to invest 20-30k locally and get the most cashflow possible. What would you do to accomplish this? 

Thanks!

Most Popular Reply

User Stats

135
Posts
97
Votes
John Blanton
  • Investor
  • Apex, NC
97
Votes |
135
Posts
John Blanton
  • Investor
  • Apex, NC
Replied

Hey @Tom Keller That amount is going to be tough to squeeze out much cash flow here in Raleigh unless you are getting into a partnership deal. If you are open to a little further out that amount could find you a nice SFR in Burlington/ Graham area West of the Triangle or down in Fayetteville. There is plenty of supply in Fayetteville for SFRs all in cost around $100-110k and rent for $1000/mo+. If you are looking for cash flow above all else I would recommend looking in another nearby market. The Triangle has turned into a much more appreciation market vs cash flow. Hope that helps!

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