What would you do if you have 150k cash?

[Syed Khan]

If you have 150k cash in your bank account. Would you buy 1 house for a condo and get a positive cash flow or would you buy multiple duplexes or use it fix and flip houses and use bank financing? I know it depends on what your goals are and other factors. Your feedback is appreciated.

[Michael Wagner]

Personally, I am inclined to use that money to purchase a self storage facility....it goes without saying that I would not just buy any facility.  I would need to find one that fit my buying criteria but from an investment standpoint, there is no better vehicle grow your money.  Self storage rents at the same price as apartments 9per square foot) but the expenses run only 30-35% whereas MF expense ratios are 50% or more.  Additionally, the legal system is set up to favor owners of storage facilities as opposed to being "tenant friendly" like it is in the world of habitational real estate.  These, among other reasons, are why storage is my go to.  As you said though, this is a very general question and depends on your goals!