How to double my investment in a year

[Mario Cruz]

Hey everybody,

I was wondering if there were any blue prints out there to double my investment in a year.

EX. I have $30,000 to invest. I want to turn it into $60,000 in a year.

Any suggestions/pointers to get close to 100% return is awesome feedback to me.

Thanks for the help everybody!

[Colin Smith]

Double $30,000 is a year is a lofty goal but is certainly possibly. There are different avenues you could take to do this. 

You could flip 2 properties, one at a time, and probably double it that way if you have the right connections.

You could also buy a new rental property. It's possible that you could buy a property that is at a really good value (not necessarily cheap), do some forced appreciation by putting some upgrades into, and renting it out, you may be able to double $30,000 in a year. Just know that your money will be in the form of equity as opposed to cash and if you sold it at the end of the year you may not have the full $60,000 after selling costs.