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Updated over 12 years ago,
What Would You Buy in Real Estate If You Had $1 MM in Cash Today?
This was an article I found online but it was a SPAM ARTICLE which means it was written by someone likely overseas who doesn't speak English. However, I thought the question being posed in the article was a good question so I decided to re-post it here for discussion.
If $1 MM was available to you right now for investing in real estate, what types of properties would you purchase? To some of you, this may seem like a trivial sum of money, but not to all of you.
Would having $1 MM change your point of view? Would you still focus on and buy the same types of properties? In the same areas? Or would you use the $1 MM to invest in something larger and earn bigger return on investment?
Or would you give up real estate investing altogether and become a private money lender? Being a landlord or flipper is tiring.
What would you do with $1 MM today?