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All Forum Posts by: Kenny Oliver

Kenny Oliver has started 20 posts and replied 65 times.

Post: I have 200k to invest

Kenny OliverPosted
  • Avondale, AZ
  • Posts 65
  • Votes 8
Joseph Hennis thanks a lot Joseph you really explained in detail the brrr process. I would love to pm you and talk more ! Im a newbie on this website so idk how to pm you.. could you send me a message?

Post: I have 200k to invest

Kenny OliverPosted
  • Avondale, AZ
  • Posts 65
  • Votes 8
Percy N. I would prefer having property management for out of state rentals. Although I'd be flying out to meet with agent, bank, property management and due diligence. So I know what I'm getting And I'd just be looking for cash flow Some consistent income.

Post: I have 200k to invest

Kenny OliverPosted
  • Avondale, AZ
  • Posts 65
  • Votes 8
Jo-Ann Lapin I need to inform myself more on private lending. I don't really know much about it and seems a bit confusing to me

Post: I have 200k to invest

Kenny OliverPosted
  • Avondale, AZ
  • Posts 65
  • Votes 8
Natalie Vane yea I'll have more free time to start going to meet ups and meeting local agents investors in my area. Putting down 100k on 2 400k properties seems like a good idea but I would still want some money left over for security purposes. Maybe two 50k down payments on 2 properties? Thanks for the response!

Post: I have 200k to invest

Kenny OliverPosted
  • Avondale, AZ
  • Posts 65
  • Votes 8
Hello everyone my first post here! I have been doing a lot of research on real estate investing reading books, podcasts and of course bigger pockets! multi family properties is something I want to focus on. I have made a nice amount of money in music production and currently have 200k just sitting in my bank account ready to be worked. I live in the suburbs of Southern California but as most of you know it's one of the most expensive states in the country. Investing out of state is very enticing since it is way cheaper to find a fourplex for half the price I would find here in California. I don't plan on using all my money on one property. But I'd like to know how I can use my 200k to get 2 fourplexes or 1 fourplex and 1 duplex. Could I just put 2 down payments and let the units pay them selves out? Are there any investors out there that can give me any advice on how to go about this and any cities/areas you recommend I look into? Thanks a lot!!