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

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Let's say you had design/build capabilities.
Commercial? Reno? Rentals? Multi-family?

What would you invest it in?

ETA: in the Greater BR area!

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I think commercial is going to crash. too many big holders of it liquidating or planning to liquidate. brick and mortar as we know it is taking its last breath.

Multifamily rentals no doubt.

Start with a 4-plex

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Depends what your goals are. I would take a serious look at a mobile home park if I had $500K cash to play with. If done correctly with loans and management, you could set yourself up for big/long term money.

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you know NOTHING about any types of investing. You have never invested in your life! Stop giving bad info here!






































just joking as you know



hope you doing good my man! had a shot at a cash buy for a duplex but it is in a rough area and i do not invest in the hood! still woulda cash flowed 220 a unit after expenses. now that is nothing like my other duplex but i paid alot more for my other one of course that one is in a much better area also.

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you know NOTHING about any types of investing

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You're more right than wrong.

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hope you doing good my man

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All is well man. Family is good and we are working on/flipping more trailers right now than I can keep up with. Still steady with 6 rental houses but the trailer game is been pretty good the last year or so.

Multifamily values are as high as they're going to get in terms of value/rent. Any increases in value from here will be purely rent growth driven, IMO. Development is still going to give you the best return but is risky and would be dependent on your experience/capabilities.

I'm not as familiar with the BR apartment market as other markets in the SE. Investors are starting to flow into Class B apartment properties as Class A returns have likely reached a floor. I'd invest in Class B apartments in good locations close to LSU and downtown with potential for Value-Add. An issue a lot of people run into in Value-Add is dealing with contractors and having to outsource everything. If you can handle that yourself, I think there is money to be made in purchasing a $40-50K per unit apartment property that has rents at $500-600 per unit and putting a $10-15k per unit renovation and pushing rents up $200-300/unit. I'd look for 10-30 unit properties to do this especially with your budget.

Personally I'd probably try to do a 10-12 unit with an equity investment of $250k and then do another one with the remaining equity so you're not putting all your eggs in one basket.

income producing farmland in brazil, chile or argentina..

argentina would be normally be my runaway favorite...the problem is those prime lands for grape farming are currently being used as a against the inflation there (deals one would expect...are not easy to spot)

brazil has the best fire sale opportunities of the 3...but is least secure (chile is exactly the opposite)

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i have a friend who wants me to go in on him on a complex. The projected cash flows look good but I just don't want to ruin the friendship.

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maybe write up a contract between you laying out expectations and if those are not fulfilled remember this meeting and contract which will be legal and binding. but yeah you just never know if that guy has the same drive and desire to get things done and if he is open to new avenues of getting things done and does he have a RE mind or way of thinking and does he have the overall knowledge necessary. so many factors plus friendship as you stated.

i too may be seeking a partner soon on a deal we shall see.

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maybe write up a contract between you laying out expectations and if those are not fulfilled remember this meeting and contract which will be legal and binding. but yeah you just never know if that guy has the same drive and desire to get things done and if he is open to new avenues of getting things done and does he have a RE mind or way of thinking and does he have the overall knowledge necessary. so many factors plus friendship as you stated.

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I dunno about that. His wife is my wife's best friend, so if it did go south it would be bad times. I told him i could throw $100k at something if he could find other investors and we had stuff in writing.

Most experts would tell you the multi family market in BR has peaked. Plus, LSU is making freshmen live on campus. No bueno.

My advice is to get an office property with a long term lease. Stack cash & equity.

Buy a house here in dc and reno it and double your money. Seriously