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All Forum Posts by: Scott Peterson

Scott Peterson has started 3 posts and replied 12 times.

Post: What would you do with $100,000?

Scott PetersonPosted
  • Investor
  • Spanish Fork, UT
  • Posts 12
  • Votes 7

James Wise- I have actually read your guide already.  I think you are great to share it with the public.  It is great information that really helps sort out the information in a hurry. 

@Steven Singleton- I am currently invested in Northern and Central Utah. Our market is really hot right now. I have a pretty good portfolio but am focusing on cash flow more than anything at this point.  A 1% deal around here is unheard of which is why I am open to other markets. 

Post: What would you do with $100,000?

Scott PetersonPosted
  • Investor
  • Spanish Fork, UT
  • Posts 12
  • Votes 7

So I am selling a poor performing property and will have $100,000 to roll into another property via 1031 exchange. I need some advice on where to invest. As for experience I have single and multifamily rentals in my market, land development, and mobile home notes.   I need to purchase at $400,000 plus so am leaning toward multifamily. My priority is cashflow. I am in a market with low cap rates and cashflow so have been looking at various markets such as North Carolina, South Carolina, Cleveland, St. Louis, and a little bit in Texas.  This is wide open so I would love some advice on how to narrow it down by product, market, etc. Feel free to point me in different directions too. Thanks!