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Updated over 3 years ago,
4 Million -- How to Make Most Money with It?
Imagine you had 4 million to invest, and a credit score of 832.
What would you do with it to make as much money as possible?
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I don't know anything about real estate, but if you can help me with this I might really get excited!
Someone I know owns a vacation rental that they paid 650k for, and it looks like it rents out at least 10k a month (just looking on VRBO).
So it gets me thinking -- if someone had 4 million .. could they buy 30 properties like this?
So 20% down on 650 = 130k
4 million / 130k = 30 rental properties
Could someone with 30 rental properties make 300k a month with a 4 million investment?
I realize its a bit far fetched, and would be a headache, but someone could easily be hired for six figures to manage it all.
Thanks a lot