Best way to invest $50k
11-09-2012, 01:51 PM
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11-09-2012, 01:54 PM
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Originally Posted by thelemur' timestamp='1352496956' post='22141539
Buy two rental properties for $25k each that rent for $600-$700 each. Yes, it's possible, and the return will be better than anything else.
11-09-2012, 02:52 PM
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Originally Posted by magician' timestamp='1352501504' post='22141672
[quote name='thelemur' timestamp='1352496956' post='22141539']
Buy two rental properties for $25k each that rent for $600-$700 each. Yes, it's possible, and the return will be better than anything else.
Buy two rental properties for $25k each that rent for $600-$700 each. Yes, it's possible, and the return will be better than anything else.
I'd be surprised if there were a lot of properties in the $25,000 range with cap rates of 20%; with all of the real estate investors in the market, surely the prices will be bid up until the cap rate is more reasonable.
11-09-2012, 03:07 PM
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Originally Posted by thelemur' timestamp='1352501654' post='22141677
[quote name='magician' timestamp='1352501504' post='22141672']
[quote name='thelemur' timestamp='1352496956' post='22141539']
Buy two rental properties for $25k each that rent for $600-$700 each. Yes, it's possible, and the return will be better than anything else.
[quote name='thelemur' timestamp='1352496956' post='22141539']
Buy two rental properties for $25k each that rent for $600-$700 each. Yes, it's possible, and the return will be better than anything else.
I'd be surprised if there were a lot of properties in the $25,000 range with cap rates of 20%; with all of the real estate investors in the market, surely the prices will be bid up until the cap rate is more reasonable.
[/quote]
Surprise!!
11-15-2012, 04:40 AM
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11-15-2012, 05:52 AM
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MLS, Auctions, Wholesalers, Investor networking meetings, Eviction Court, Probate Lists, Craigslist.. to name a few..
11-15-2012, 01:00 PM
#27
I do business in Florida too where it is possible to get 15-20% cap rates between 50-150k investments, but that's mixed with commercial and residential real estate.
Also keep in mind the type of people who rent the cheaper units are many times a big hassle. Your ROI vanishes once you have a dead beat renter, depending on your county's eviction laws & procedures.
11-17-2012, 02:23 PM
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Im just shooting more investment suggestions, Have you heard of peer-to-peer lending? Basically there are sites that lend people money at preferred rates better than banks. From $100-$100,000. You can lend money and get an annualized yield of 18% or more. You choose the type of borrower and risk profile. I know some people who have made great returns with that. Check it out: Alternative Investments through Peer-to-Peer Lending
A $300 investment yielded 7.82% in 3 months
A $300 investment yielded 7.82% in 3 months
12-27-2012, 11:18 AM
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Add a bit more to that for a down payment for an ocean-view house or townhouse in Hawaii on a popular island. It will pay for itself in 10 years or less if you rent it out. Easy to sell if you decide to liquidate your asset.
01-01-2013, 05:33 AM
#30
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Im just shooting more investment suggestions, Have you heard of peer-to-peer lending? Basically there are sites that lend people money at preferred rates better than banks. From $100-$100,000. You can lend money and get an annualized yield of 18% or more. You choose the type of borrower and risk profile. I know some people who have made great returns with that. Check it out: Alternative Investments through Peer-to-Peer Lending
this is very interesting
