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Updated almost 9 years ago,

User Stats

491
Posts
113
Votes
Benjamin Blackburn
  • Wholesaler/ Investor
  • Houston, TX
113
Votes |
491
Posts

A friend has 15k to spend... What should i do?

Benjamin Blackburn
  • Wholesaler/ Investor
  • Houston, TX
Posted

Hello everyone.  One of my best friends is wanting to do something smart with his money but has no time for anything since he is a full-time student at LSU and has a demanding job.  He lives in Baton Rouge and I'm here in Houston.  He literally asks me every other day "What are we gonna do man?".  Honestly, I really don't know what all options are out there.  He is willing to put up about 15k-16k and I could probably come up with about 4 or 5k.  Since he is in Louisiana and I'm here in Houston of course I would be the one doing everything pretty much. 

Any ideas on what we could do?

The only real estate experience I have is purchasing three vacant lots from an auction and selling them to three other individuals.  I'm currently in the beginning stages of wholesaling, searching for that first deal.

I just don't want to miss the opportunity he has put out there?  Any insight would be great.

Thank you all.

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