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Updated almost 2 years ago,
Best Strategies to MULTIPLY $100,000
Hi, I recently moved an IRA I have into a Self-Directed account and would like to make a my next real estate purchase soon. I've always dealt with long-term rentals and these assets, although great, are generally long-term and slower producing. SO, I'm looking at some alternative strategies that will do two things for me:
1. Create high cash flow.
2. Allow me to multiply and scale my business over and over again without having to make additional investments of my own capital.
In other words, I'd like that $100,000 to launch me into a domino effect where I don't have to add additional capital. I'd like to hear how you have or would successfully use $100,000 to multiply returns over and over again. For instance, I know the BRRRR method works for a lot of people, but I'm also looking at ways to partner with others, short-term rentals and any other strategies out there that will set me up to not have to put more of my money in, while continuing to scale my business with the initial investment of $100,000. Any and all thoughts are welcome!