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re: If you had 500k to invest in the real estate market..

Posted on 6/20/18 at 9:46 am to
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 6/20/18 at 9:46 am to
quote:

where are your mobile homes at? North La?


Correct. Mainly looking at foreclosures to rehab and flip.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73083 posts
Posted on 6/20/18 at 10:36 am to
quote:

Correct. Mainly looking at foreclosures to rehab and flip.




glad you are still knocking it out the park.

i am seriously considering using my non taxable for passive apartments with a group/sponsor. they are hold and flip type deals.

drop 200k. get 10% return for 3 to 5 years. Then sell for double.

if it goes 5 years(that is 300k in yields/capital gains). not bad for passive. i can still use taxable money for my buy and holds long term. Maybe i can finally challenge you on flips.
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