I have 50k to invest. It is impossible to invest in real estate in California to get positive cash flow. Where can I find a good investment property in the country that can provide positive cash flow and good price appreciation as well?
Teresa
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Wait about 6 months — the real estate market is falling — wait until it bottoms out. Buy low and sell high!!!
A good way to put your money to work in real estate is to back a reputible builder. They have to have equity in their construction projects as would any homeowner and are often willing to share in the profits with an investor. You could expect returns ranging from 10% to 50% depending on the sale price of the property, the amount of time it takes to sell the property and the deal you cut with the builder.
Reputation and experience is paramount. Ask for references and check them out thoroughly. Also look carefully at the market trends inthe area that you would consider investing in.
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Mexico City.
One hot spot is a place called Aberdeen , Maryland, the government is closing a military base in New Jersey and they are going to move about 35,000 new jobs to Aberdeen. There is not enough houses there. This is not including all the side business that will open near the base and they will need housing or rental places for those business too. It’s where i’m going to invest in.place an ad in the examiner, at (examiner.com.) place it in the announcement services section, say you are looking to invest in aberdeen XXX and leave a number i will call and answer more question about the area.The 3 X’s is to let me know it’s form someone from yahoo ask. I am not a real estate agent. like you just looking for opportunities……good luck …Aug 28th 2006
