Hi @Seung Oh,
One great way to get started as an investor is with much lower cost property types, where you can quickly double your money.
We buy and resell a ton of land in California. Here is an example of a typical deal for us:
Kern County, CA 084-230-05-00, 40 acres rural vacant land
Total Purchase price (with escrow fees) $9,493.00
Approx marketing costs (photographer and few paid social media ads) $500
Sold price $29,000
PROFIT $19,000
On the buy side and the sell side it was just me and the customer. No agent commissions and simple, all cash transactions.
Property sold in weeks and I never visited it in person. Easy to repeat, even do that weekly, and THEN when you have a few hundred thousand dollars in the bank you have more options.
You can do this all over the country, never leave your home office, and easy to work around any schedule.
Hope that helps!
Jill
