All Forum Posts by: Dawn Burdette

@Dawn Brenengen. The condo is in NC and purchased solely as a rental.  I have no plans to move.  The 100k is to invest for cashflow.

I've never flipped before so I prefer buy and hold for cash flow.  I would be comfortable with 4k per month in cash flow in addition my retirement.  Ideally, I'm looking for somewhere near 2k in cash flow per month from the 100k.

While I started investing in 2002, there wasn't nearly as much information available as there is today.  I purchased a few investment properties and also sold a few.  However, my knowledge is limited.  I saved up a bit of cash for the last 7 years because I knew I'd be forced to retire from my full time job.  The retirement will be official September 1.  I currently reside in a major city so I am no looking for property here.  I have been looking at property in NC and recently purchased a condo.  Being a bit of an introvert makes it hard to meet people so I haven't found a mentor.  Some direction would be greatly appreciated.  What would a seasoned investor do with $100k in cash.