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.
Marketing Your Property
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 almost 10 years ago on . Most recent reply

User Stats

1
Posts
1
Votes
Nicholas Lee
  • Secaucus, NJ
1
Votes |
1
Posts

50k to invest...

Nicholas Lee
  • Secaucus, NJ
Posted

I am a 19 year old college student ready invest money in the real-estate market. I currently have 50k to invest and am looking for advice on how to quickly yield a profit. Any and all help is appreciated.

Most Popular Reply

User Stats

1,351
Posts
1,087
Votes
Josh Caldwell
  • Investor
  • Dallas TX, United States
1,087
Votes |
1,351
Posts
Josh Caldwell
  • Investor
  • Dallas TX, United States
Replied

Real estate has created more millionaires than anything else in American history.  To build real long term wealth and achieve financial freedom, what you need are cash flow investments.  Eveny other strategy from flips, to notes, to wholesale, only creat chunks of cash, they are not sustainable   Buy and hold rentals are not sexy, but they will produce cash as long as you are alive.  I would suggest that you use your 50k to buy as many cash flowing properties as you can.  If you learn to negotiate owner financing, you can turn that pile of cash into all you will ever need.  

Be patient, and pick good deals.   Look for high rates of return.  Once you cash is back in your pocket then you can buy other property.  Now here is the rub. As a general rule, the worse the neighborhood, the better the cash flow.  so you need to determine your idiot tolerance and then go shopping. 

 There is risk in all investment.  The more leveraged you are the more vulnerable you are to market collapse like in 2008.  Conversley, leverage will allow you expand rapidly.  The risk tolerance is your personal decision and nobody can decide that for you.

To your success

Josh

Loading replies...