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Updated over 4 years ago on . Most recent reply

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Rich Rodman
  • Rental Property Investor
  • San Francisco, CA
17
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43
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You wake up with $200,000 - $500,000 cash in your account...

Rich Rodman
  • Rental Property Investor
  • San Francisco, CA
Posted

You wake up with $250,000 - $500,000 cash in your account, how do you turn it into $1,000,000 in 12-24 months?

Initially, my thought was that it would have to be flipping. I'm a long term buy and hold investor and while the $250,000 - $500,000 may turn into $1,000,000, it certainly won't be within 12-24 months. Is house flipping the best way to make the most money in a shorter period of time?

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Replied

Should have just bought Bitcoin at beginning of year. Wouldn't have had to do anything. That aside in the real estate world unfortunately my guess would be that is the most realistic option unless you happened upon some significant investment opportunity in the development world.

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