2006-06-20 04:01:35 · 4 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
The best option for you would be to find others with 30k to invest and see about setting up a REIT (real estate investment trust). Think about it, get 10 people together and now you've got 300k to work with. At that point, you can put the money down on a strip mall, apt complex, etc... Commercial real estate is very lucrative and often you will walk in cash positive. In fact, you can't buy the place (conventionally) unless you are cash positive. You get to see the previous owners 3yrs of financial records to tell you if it's going to yeild you a return or not and so on.
2006-06-20 05:23:03 · answer #1 · answered by Anonymous · 0⤊ 0⤋
See a qualified Real Estate Agent who is designated as a Real Estate Investment specialist. One who has a certification of C.C.I.M.
2006-06-25 23:35:14 · answer #2 · answered by Anonymous · 0⤊ 0⤋
depends on where you plan to buy if 30K is enough or not. start with a fixer upper house...or buy some land and jsut hold it a while..but for the most part 30K isnt really enough
2006-06-20 11:05:05 · answer #3 · answered by Jack Kerouac 6 · 0⤊ 0⤋
yes... you can do it with unclaimed houses... its quite complicated though... check out this ebook.
http://search.ebay.com/_W0QQfgtpZ1QQfrppZ25QQsassZchavat123
2006-06-20 15:13:39 · answer #4 · answered by Piffle 4 · 0⤊ 0⤋