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Updated over 1 year ago on . Most recent reply

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Richard Purdy
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Just got 60k. How can I double/triple it?

Richard Purdy
Posted

I just want to make as much money as possible at this stage of my life. I have 60k. What’s some ways I can double or triple it within a year or so? I’m specifically asking how to maximize my return within the field of real estate with the money I have right now. Should I buy a multifamily and rent it out? Continue wholesaling? Looking for some ideas

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Chris Seveney
  • Investor
  • Virginia
15,663
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18,247
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Richard Purdy

To double it in a year head over to your local casino and pick red or black

Real estate historically provides an 8-10% return which means it will take 7-9 years to double

  • Chris Seveney
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7e investments
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