What would you do with 500k cash right now ?

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  • Investor · Columbus, GA · Member since 2014 · 2k+ posts · 1k+ votes
    5y

    I would buy a portfolio of rentals in the $2M range.

  • Theresa HarrisPro Member
    Member since 2019 · 15k+ posts · 11k+ votes
    5y

    Most will answer based on what they already do.  I'd split it and buy single family long term rentals.

  • Tampa, FL · Member since 2019 · 41 posts · 53 votes
    5y

    I'd put $50k-$100k into 5-10 different apartment syndications in various locations, unit counts and asset classes to help diversify. 

  • Houston · Member since 2016 · 72 posts · 18 votes
    5y

    @Sam Silverman

    How do I do that ?

  • Houston · Member since 2016 · 72 posts · 18 votes
    5y

    @Anthony Dooley

    Thank you so much for your answer. What is the criteria you use to evaluate deals of that size +2m properties ?

  • Deland, FL · Member since 2017 · 2k+ posts · 1k+ votes
    5y

    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 


  • Investor · Columbus, GA · Member since 2014 · 2k+ posts · 1k+ votes
    5y

    @ Alex Ko the criteria varies based on location, cash flow, and terms.

  • Houston · Member since 2016 · 72 posts · 18 votes
    5y

    @Michael Plante

    How do I do that ? Can we talk more about this I would really like to explore all my options.

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