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Updated over 7 years ago on . Most recent reply

User Stats

114
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18
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Kathryn Bowden
  • Flipper/Rehabber
  • Tucson, AZ
18
Votes |
114
Posts

What would you do with your money?

Kathryn Bowden
  • Flipper/Rehabber
  • Tucson, AZ
Posted

If you had about $300,000 to spend, what in your opinion would be the best possible way (and place) to spend it today (2017-).  I know there's no one right answer, but it helps to hear experienced investors' opinions as to what they personally would do now if they were beginning again in their career.  We are in our young to mid 50s, so don't have a lifetime of time.  We are considering the gamut, including storage rentals, etc.  We are also open to going out of our area.  We would really appreciate your experienced insights.  We would expect to use a combination of cash and financing at some point.

Most Popular Reply

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2,030
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3,308
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Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
3,308
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2,030
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Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
Replied
Originally posted by @Kathryn Bowden:

If you had about $300,000 to spend, what in your opinion would be the best possible way (and place) to spend it today (2017-).  I know there's no one right answer, but it helps to hear experienced investors' opinions as to what they personally would do now if they were beginning again in their career.  We are in our young to mid 50s, so don't have a lifetime of time.  We are considering the gamut, including storage rentals, etc.  We are also open to going out of our area.  We would really appreciate your experienced insights.  We would expect to use a combination of cash and financing at some point.

 I would use that money to invest in a business, possibly a franchise, that has a high amount of cash flow. 

I would use all of the cash flow from that business to buy real estate.

  • Anthony Gayden
  • Podcast Guest on Show #21
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