I currently live in Southern California but am looking to dip my toes into real estate investing via purchasing a rental investment property in Kansas City (I have roots there, visit fairly often, have real estate connections there, etc.).

Mostly because the GF doesn’t want to hold the 40k, she wishes to invest it asap.

Granted, I have already invested thousands of hours already, and invested by making it my career, I just yesterday closed on my first property.

Hey Katrina,Your dedication to learning about finance and real estate investing is commendable, especially as a single mother.

@Johnson H. and @David C. have been encouraging me to put some materials together to present and share with local folks on how lucrative investing in the Bay Area could be.

Don’t let UDFI on leveraged real estate scare you away from investing in your IRA, it can still make you a lot of retirement money.  

Depending on your level of income from those investments, you could be better off biting the bullet and accepting the ordinary income classification while exploring SE limiting strategies like forming an S-Corp.

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.Ask questions in the appropriate forum.

After enjoying a net income of $36,000 per year on a net $67,000 investment, I sold the real estate to the operator for $335,000.

Are there other investments you have found?