What would you invest in, with $50k???

[Jack Daw]

I have 50k savings, want to invest in something, not sure what, looking for some ideas! So what would you do to make this 50k sum a larger one!?

[Jack Daw]

@Damian Bialonczyk

That was my initial thought, as I can plaster, paint and drywall so I have some skills that I could use to make a renovation cheaper.

I just have no idea where the best places are to get a good deal. I’ve been looking on trulia and Zillow for a while now and nothing screams out to me as a good deal.. I’m located in Venice, California so I want to keep what investment I get into within an hour or twos drive especially if I bought something that i would rent out.

Other places I’ve looked like Auction.com don’t do finance only cash purchases.

I’ve also liked the idea of coin laundromats and the possibility of owning a few in the future seems like a safe profitable business.

Thanks for your input.

Jack.