The Average Americanās Guide to Investing $10K-$100K:
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Whatās the best way to invest $100,000 in 2024? Should you use it to buy a rental property? Plug it into the stock market? Take a shot on crypto? Even if you donāt have this kind of money right now, itās not too early to start thinking about how you would allocate these resources down the road. Today, Dave is going to share what he believes is the BEST way to invest this money!
Real estate remains one of the most time-tested vehicles for building wealth, and Daveās most recent deal is a prime example of how a $100,000 investment can give you an asset that grows in value over time, delivers annual returns that outpace the stock market, and gives you passive cash flow in retirement. As he walks you through this deal, youāll learn about his retirement goals and buy box, how he found the property, and the simple changes he made to increase rents and property value!
00:00 Intro 01:32 What Are Your Goals? 03:03 Daveās Recent Deal 07:35 What Makes This a Good Deal? 08:46 Renovating the First Unit 11:08 Renovating the Second Unit 12:19 Deal Recap
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By: BiggerPockets Title: How to Invest $100K in Real Estate (2024 Rental Property Example) Sourced From: www.youtube.com/watch?v=hgF2RVSwQAs
