‘Always the best time to buy’: Todd Nepola says real estate builds generational wealth. 4 ways to get in from $100
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Florida real estate mogul Todd Nepola has spent nearly three decades making money from shopping cen…
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Florida real estate mogul Todd Nepola has spent nearly three decades making money from shopping centers. If he had to start over with $100,000, he says he would put it straight back into income-producing property.
"I'd go right into a commercial property," Nepola said in a recent interview with Hard Truths CEO, a popular TikTok account (1). "The truth is, multifamily's the easiest one to get into."
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Nepola, the owner and founder of Current Capital Group, owns and operates retail and industrial properties across Florida. He suggested using the $100,000 as a down payment on a duplex or triplex worth between $300,000 and $400,000.
The investor would initially handle the leasing, maintenance and bookkeeping, according to Nepola. After improving the property and building equity, the owner could refinance, pull out some cash and purchase another building.
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