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Updated 11 months ago on . Most recent reply

User Stats

204
Posts
143
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Holly Barrett
  • Real Estate Agent
  • Dawsonville, GA
143
Votes |
204
Posts

What would you do with $200,000 ?

Holly Barrett
  • Real Estate Agent
  • Dawsonville, GA
Posted

Hey Savvy Investors and long-term wealth gurus. I've got a fun question for you.

What would you do with $200,000 to 10x cash flow & long-term wealth?

If you want to shower me w/advice on my specific scenario:
2x Duplexes
4% Mortgage Rates / Very small loans
Mixture of LTR/MTR/STR
Active Income (not very passive)
Net Income around $24,000 in totality (however my books are a mess and am currently working with someone to CLEAN THEM UP so I can get a clearer picture)

Would you a) hold; b) sell and open a franchise or other business venture ? car wash ? storage ? any ideas ?; c) invest in passive multi-family REIT type situation; d) stocks (or take a chunk of the $200K at least); e) some crypto

I'll report back when my books get cleaned up for more clarity. 

Love to hear your thoughts and really curious if you could have $200,000 cash in hand, what would you do w/it right now??? This market is WEIRD! So maybe waiting till after election to make any moves would make sense as well. 

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