Posted by LI on June 20, 2007 at 10:21:30:
Thanks for the reply John.
Actually I do have experience investing - done many rehabs in my area.
My goal is not to beat the streets too much any more - basically to semi-retire. I am investigating various options…
300K problem - Posted by LI
Posted by LI on June 13, 2007 at 07:03:03:
Hi Ray and all.
I am thinking of moveing to the Dallas/Houston. I will have about $300K to burn. I am looking for suggestions on investing…
Rental Houses ?
Rental Condos?
MHP?
Apartment building?
Rehab?
Re: 300K problem - Posted by Jorel Jenious
Posted by Jorel Jenious on June 22, 2007 at 10:17:36:
What are your investment objectives?
Re: 300K problem - Posted by John Corey
Posted by John Corey on June 20, 2007 at 04:26:35:
It is a little hard to say what you should do. Most markets are very
local. At the same time I know nothing about your experience and your
abilities.
Speaking for myself I travel a lot so I avoid most deals where I would
have to be hands on with repairs or management. Others focus on turn
around situations where they can be on-site day or night.
What is the long term view? Do you want to grow your money or are
you mostly looking for a defensive play?
Do you want to be hands on or are you looking for more passive
investments?
Do you have any experience managing property?
Cash is great so go slow and do the right deals. Right being something
that works for you and your lifestyle. There will always be good deals
and you do not need to rush. There are even people out there who can
help once you have a clear objective.
Post or email if you want to discuss further. The best thing might be to
sit on the money and develop a strategy before investing.
Ray’s course talks about this.
John Corey
Re: 300K problem - Posted by Alexander Horvat
Posted by Alexander Horvat on June 20, 2007 at 24:35:02:
LI, my name is Alexander Horvat and I am a real estate investor in Los Angeles, CA. I invest in properties in several other states outside of California - mainly Arizon, Texas and Indianapolis. I currently have several properties closing escrow and opening escrow. I have a couple of excellent deals where some investors will be leaving the LLC due to health/life reasons. I would love to talk to you some more about the opportunities that I have. You may contact me via email or call me at (310) 972-1003.
Thanks.