All Forum Posts by: Merri Chocola

@Crystal Smith, I bet you probably do! Thank you.

@John Warren, thank you. What sub-markets would you recommend? 

@Aubrey Tatarowicz, thank you! If I was to do this I personally would want to be an active property manager (and realtor so I can help them buy and sell eventually too.) Once I made enough income I would then hire a property manager if it became overwhelming. I wouldn't want to be more than 30 min away from the properties. 

@Ryan Cleary, thank you! You make a very good point about paying them off right away, I didn't think of that!

Thank you @Marlen Weber, I have never heard of that so I will have to learn!

Thank you @Wallace Pendleton, they want progressive income and to keep buying properties, so I feel like the south is the answer as well!

I had a friend ask me this question: If you had 100K to invest in just real estate, what would you do?

Since we are in Chicagoland I would move because I truly think the real estate market does not favor starting a business here (I am also a realtor here). They want to move to the Nashville area.

I suggested investing in single family homes, 3 all at once, paying them off ASAP with renters, and just to keep investing. 

If you had 100k to solely invest in real estate (assuming they have other investments), what would you do?