What's best investment for $1m

[AJ Nemeth]

Open this discussion as I'd like to get some fresh ideas on how to invest $1m. Is it to BRRR single family? Buy apart complex and value add? What would you do? Provide what you think the ROI would be in your proposed scenario? I'm looking to accelerate the velocity of money and increase returns. Thanks.

[Brian Smith]

I'm in the process of shifting my investment purposes to a long term goal. I started with the question "how do i want retirement to look?" MY answer is pretty simple. I live in Louisiana where it's hot, and muggy, and flat. Rentals cash flow well here, I have 4 (soon to be 3), but they don't APPRECIATE. So my new plan. Find areas that cash flow and that are GROWING. I'm selling off my smaller, cheaper properties for more expensive short term rentals in better markets. The end goal is to have a few houses in the mountains and in different geographies that I can float around in retirement. All paid for and providing a retirement one day. With higher value properties it takes less time to manage for a greater ROI per property (same concept as multi-families). @Abel Curiel already nailed it... Start with the end in mind and do that.