All Forum Posts by: Lauren E.

I’m finding that this is tough to achieve. Even on well located, healthy income-producing and appreciating properties. How often are you able to hit that target and what are the reasons that you would consider buying below?

Thanks!

0 Votes

Thanks all! Glad to know I have some expertise and support in the Jacksonville area here. What are your thoughts on single family vs multi-family for rentals in Jax?

1 Vote

Jacksonville, Florida

@Nick Terrano. Thanks!

0 Votes

Jacksonville, Florida

@Mitchlyn D. Thanks!! LOL - train them?

0 Votes

Jacksonville, Florida

I realize that these are all C/D class areas but are any of them considerably better or worse from a rental property investment standpoint in 2021? Any I should focus on or steer away from?

Thanks!

Westside (32210)

Northside (32208 and limited parts of 32209)

Arlington (32211)

Murray Hill (32205)

Paxon (32254)

St. Nicholas/Southside (32207)

Downtown (32206)

4 Votes

Jacksonville, Florida

I've been told that this is a fantastic place to purchase rental properties. Anyone care to weigh in? If so, does anyone have a good broker, management company and/or contractor to share?

Thanks!

0 Votes

Thanks. I'm definitely interested in rental properties. Interesting idea with the life insurance policy. Curious to know what the advantages are there? Thanks!

Originally posted by @Jody Sperling:

These are always fun hypothetical questions because anyone who answers them really has a sense that they have a special answer that could really best use the money. But here's the deal, you can't go wrong with real estate as long as you put forth a minimal amount of research. Buy a home in a decent neighborhood, use the most leverage you're allowed, rent it to a well vetted tenant and you'll create wealth. If you can find a bank that will allow you to buy three or four houses with that money, you'll produce decent cashflow immediately and have anywhere between $750,000 and $1.25 million assets under management.

If I were in the driver's seat for this one, the only tweak I'd make on that plan would be to purchase the largest Whole Life Insurance policy I could afford. I'd borrow against the policy to still accomplish the above without any delays.

Best of luck, and I hope you get several creative answers from smarter Pocketeers than I.

0 Votes

Hi All-

I recently came into a little over $100,000 cash and I am hoping to find some good advice here on where to invest it. I live in NY but I’m open to out-of-state opportunities that will generate cash flow. I’m also able to obtain financing up to $1MM. I realize this is a very general inquiry, but I’d love some good direction to get started here.
Thanks,

1 Vote

All Forum Posts by: Lauren E.

Lauren E. has started 5 posts and replied 10 times.

Post: Obtain an LLC in the state of purchase or my primary residence?

Post: How often are you sticking to the 1% rule?

Post: How often are you sticking to the 1% rule?

Post: Thoughts on these zip codes/areas in Jacksonville, FL?

Post: Thoughts on these zip codes/areas in Jacksonville, FL?

Post: Thoughts on these zip codes/areas in Jacksonville, FL?

Post: Thoughts on these zip codes/areas in Jacksonville, FL?

Post: Indianapolis Rental Properties

Post: Where to invest $100,000 cash?

Post: Where to invest $100,000 cash?