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Updated over 4 years ago,

Account Closed
  • United States
28
Votes |
47
Posts

How would you generate $50K per month with $1M?

Account Closed
  • United States
Posted

Hey BP,

Let me just start out by stating that I DO NOT have $1M, nor would I disclose my net worth /cash on hand for a general post. Hopefully that eliminates the “really bright for you to post you have $1M in the bank to invest crowd (said jokingly, but I see it happen quite often lol).

That said, I was scrolling Instagram last night, and a “influencer” I follow was asked the following:

“How would you invest $1M at age 25?”

His response (not verbatim, but more or less):

“I’d buy rental properties. I’d be generating $50K/month and have the real estate worth $1.3-1.4 M in a year.”

My first thought is, smart guy. However, my instant reaction is to run the numbers in my head. $50k/ month revenue off only $1 M?....

Maybe it’s because I’m predispositinsed to California RE prices, but I don’t know if that’s possible anywhere in the U.S.

That’s:

25 units @ $2000/month ea.

50 Units @ $1000/month ea.

100 Units @ $500/mont ea.

And the single family numbers certainly do not add up....

So, my questions to BP are:

How much revenue could you generate per month with $1M?

What city/cities would you do it in?

Does anyone know a city where

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