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Updated over 5 years ago on . Most recent reply

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68
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Johnson Best
10
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68
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With 100k cash, at this cycle what would you invest in?

Johnson Best
Posted

OWhat would be the most current good risk and rewards or emerging trend to invest in RE related with around 100k cash Xtra finance leverage is ok too.

Most Popular Reply

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296
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243
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Darwin Crawford
  • Rental Property Investor
  • Scottsdale, AZ
243
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296
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Darwin Crawford
  • Rental Property Investor
  • Scottsdale, AZ
Replied

Easy.  

Take $2k, buy a bunch of books and a month in a cabin somewhere quiet to read and absorb them.  top of the list would be anything related to negotiation.  

Then come back, use your $98k balance to get some loans, and buy for cashflow.  Understand you might have to look at a thousand "deals" before you close on one.  

Screw the cycle, buy on fundamentals. My last 2 deals were off the MLS and I got pricing right where I wanted it. Learn to negotiate like a pro. The money is just a tool.

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