What would you do with 500k right now ?
I would buy a portfolio of rentals in the $2M range.
Most will answer based on what they already do. I'd split it and buy single family long term rentals.
I'd put $50k-$100k into 5-10 different apartment syndications in various locations, unit counts and asset classes to help diversify.
How do I do that ?
Thank you so much for your answer. What is the criteria you use to evaluate deals of that size +2m properties ?
I would buy 4 Fixer uppers and have them fixed up for resale as fast as possible which is what I am doing but with more houses
BUT after selling these I’m thinking about doing one or two bigger more expensive flips or maybe try new construction with a bank loan
@ Alex Ko the criteria varies based on location, cash flow, and terms.
How do I do that ? Can we talk more about this I would really like to explore all my options.
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