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All Forum Posts by: Jay Richards

Jay Richards has started 1 posts and replied 2 times.

Post: Short term rental yucca valley

Jay RichardsPosted
  • Los Angeles, CA
  • Posts 2
  • Votes 4

@Lisa Edwards Wow thank you for all of the information that you willingly shared! I'm looking to purchase my first STR property in the Yucca Valley area and I'm trying to soak up as much knowledge as I can. Would love to be connected to any resources that you have(Your husband whom you mentioned was a broker and also your contact for remodels.) Thanks again.

Post: 21 Year Old with $100,000 to Invest in Looking For Guidance

Jay RichardsPosted
  • Los Angeles, CA
  • Posts 2
  • Votes 4

Hello guys, I am young entrepreneur with zero experience in the real estate business. I have been in the eCommerce business for 2 years just stacking and saving all of my profits and I have $100,000 to invest. I just turned 21 years old so I'm looking to just park this money for 10 years and hopefully be very happy with it in 10 years when I'm 31. My first choice was to invest in Cardone Capital with Grant Cardone but by doing more research I discovered that RealCrowd and CrowdStreet have better investment opportunities. My question is that on CardoneCapital.com the Cardone Equity Fund has a preferred return of 6% and I can't seem to find a preferred return on any of the RealCrowd and CrowdStreet offerings however I do see the "Target Annual Cash" I was just wondering if "Preferred Return" and "Target Annual Cash" are the same? Also for those of you experienced investors, if you had to go back to age 21 and you have $100,000 to invest in, what would you invest in? Thank you all for reading this.