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All Forum Posts by: Matthew Thomas

Matthew Thomas has started 2 posts and replied 4 times.

Real Estate Deal Analysis & Advice

Post: Buy and hold condo in Palm Beach Gardens

Matthew ThomasPosted
  • Real Estate Professional
  • Lake Worth, FL
  • Posts 4
  • Votes 0

Investment Info:

Condo buy & hold investment.

Purchase price: $163,000

Buy and hold condo

0 Votes
Starting Out

Post: Getting started with $30k and no credit history

Matthew ThomasPosted
  • Real Estate Professional
  • Lake Worth, FL
  • Posts 4
  • Votes 0

Good advice, and thats exactly what I would like to do. I have half of the money in gold coins which I bought as an investment about a year ago, they are starting to go up in value but I would rather get out of commodities and go into RE. The other half of the money is in a money market account, earning 5% or so, which is only 2% after inflation of course...

0 Votes
Starting Out

Post: Getting started with $30k and no credit history

Matthew ThomasPosted
  • Real Estate Professional
  • Lake Worth, FL
  • Posts 4
  • Votes 0

Yeah, thats the thing too, I have virtually no work history. I am self employed on the internet and my income fluctuates a lot. I will probably just need to save up more money to do anything productive in real estate. :roll:

0 Votes
Starting Out

Post: Getting started with $30k and no credit history

Matthew ThomasPosted
  • Real Estate Professional
  • Lake Worth, FL
  • Posts 4
  • Votes 0

Hello, I'm new here but I guess the title says it all. I am 19 years old and I have about $30,000 to invest in real estate. I have no credit history and I'm wondering where to begin. Real estate in my area is fairly reasonable, around $110/sf. What are my best options? Should I save more money first before I start looking at single family homes? Thanks for any help :D

0 Votes