Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

7
Posts
3
Votes
Jeffrey Boudreau
  • Ottawa, Ontario
3
Votes |
7
Posts

Mental Excercise/Game - You have one month to make $5000

Jeffrey Boudreau
  • Ottawa, Ontario
Posted

You have 1 month to make $5,000.

Here's the rules: You don't own a business and you're unemployed. You have no assets to sell and $100 on hand. You don't have a vehicle but can temporarily borrow one every other day temporarily (so no uber or food delivery). If you commit a crime you will be shot and killed.

What do you do?

Most Popular Reply

User Stats

5,038
Posts
5,092
Votes
Scott Mac
  • Austin, TX
5,092
Votes |
5,038
Posts
Scott Mac
  • Austin, TX
Replied

Borrow the $5k from a relative or friend.

Get a job and take as money months as needed to gt the $5k saved up (at least at the end you will not have zero anymore, and maybe another opportunity for that $5k comes along (if not continue accumulating cash until one does). The Tail does not Wag the dog.

Get a free grill on craigs list and some hot dogs and colas. Set up at the edge of an automobile junkard parking lot and sell Hot Dogs and cans of Soda from 6am to 9pm every day. Walk there on the days you can't drive, or sleep in a tent and call uber for delivery of needed items.

As your stock depletes refresh it. Mark it up to whatever the market will bear--will you hit $5,000 (and what about income tax--who knows--there are no guarantees in life). Make a handmade sign on posterboard and put it on top of your car behind you.

Good Luck!

Loading replies...