Honest question, what would you do with $100k right now.

[Christian Beebe]

For those of you who have been doing this for a long time or have experience/inside knowledge, if you had $100k, where would you put it, spend it, use it at this point in 2018 to grab some great funds or gains?  I would love to hear short term or long term ideas.  Longer story, we've always invested in apt buildings but are looking to make some "quicker" money in the short term with the $100k we have available to spend.  Living in the Phoenix area but of course will look anywhere and do not have a ton of knowledge on flips, meaning have never done them...so again curious if you had $100k, knowing what you know now, where or what would you do with it?

Appreciate the responses.

[James Masotti]

Originally posted by @Christian Beebe:

For those of you who have been doing this for a long time or have experience/inside knowledge, if you had $100k, where would you put it, spend it, use it at this point in 2018 to grab some great funds or gains?  I would love to hear short term or long term ideas.  Longer story, we've always invested in apt buildings but are looking to make some "quicker" money in the short term with the $100k we have available to spend.  Living in the Phoenix area but of course will look anywhere and do not have a ton of knowledge on flips, meaning have never done them...so again curious if you had $100k, knowing what you know now, where or what would you do with it?

Appreciate the responses.

 Sounds to me like you already decided that you want to flip since your goal is to make quicker money in the short term. There's really not to many other "good" ways to do that. You could try going to Vegas and putting it all on black...but again...not really a "good" way to make quicker money.

Generally speaking real estate is a get rich slowly way of investing and not a way to get rich quick...so maybe there are other strategies for making quick money in real estate that others can suggest but I just don't know what they are. 

Out of curiosity if you've had success with apartments that lead to you having this extra $100k....why bother changing when you have a working recipe at this point?