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Updated about 10 years ago,

User Stats

4
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0
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Ryan Brunworth
  • Real Estate Investor
  • Muskegon, MI
0
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4
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Career change. Cash to invest. Which route to go?

Ryan Brunworth
  • Real Estate Investor
  • Muskegon, MI
Posted

I've been taking steps over the last few months to actively pursue career change in real estate.  I have some experience with buy and hold but I'm trying to figure out the best route to go.  It is likely that I will walk away from the sale of my current business with 200-300k to invest.  I'm not certain which route to go.  Buy and Hold?  Fix N flip? 

I've been doing a lot of reading on here lately and I'm still somewhat up in the air. I've read J Scot's books and like the idea of not dealing with renters but I'm also looking for consistent cash flow and I'm not certain I will come across enough deals to make that happen. I don't have any interest in actively seeking deals through marketing and mailers and would likely get most of my deals from the MLS, foreclosure.com, and/or wholesalers themselves. (this may be naïve of me but I'm just being honest as I have NO interested in all the letters and marketing etc.)

I'm not looking for answers.... just input from experienced investors. 

Any ideas?  Thoughts? Suggestions? 

I appreciate it! 

Ryan- West Michigan

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