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Updated 9 months ago on . Most recent reply
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What would you do with $200,000 ?
Hey Savvy Investors and long-term wealth gurus. I've got a fun question for you.
What would you do with $200,000 to 10x cash flow & long-term wealth?
If you want to shower me w/advice on my specific scenario:
2x Duplexes
4% Mortgage Rates / Very small loans
Mixture of LTR/MTR/STR
Active Income (not very passive)
Net Income around $24,000 in totality (however my books are a mess and am currently working with someone to CLEAN THEM UP so I can get a clearer picture)
Would you a) hold; b) sell and open a franchise or other business venture ? car wash ? storage ? any ideas ?; c) invest in passive multi-family REIT type situation; d) stocks (or take a chunk of the $200K at least); e) some crypto
I'll report back when my books get cleaned up for more clarity.
Love to hear your thoughts and really curious if you could have $200,000 cash in hand, what would you do w/it right now??? This market is WEIRD! So maybe waiting till after election to make any moves would make sense as well.