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Updated about 8 years ago, 09/10/2016
You Have $1M in Cash - How Would You Spend It?
This is a hypothetical question which I'm asking because I'm curious how people think. I am in a smaller market in Davenport, IA and surrounding cities also known as the Quad Cities. The total population is around 400,000 people. The median SFR retail purchase price ranges from 80-110K. It is currently a seller's market, with a high demand for quality investment deals. Many of you invest in very similar areas, so this question is for you guys. There are many ways you could answer, so I'm interesting in reading the responses.
How would you invest $1M cash to grow your portfolio as quickly as possible? What systems would you have in place to scale the business? How would you leverage all your assets (tangible and intangible) to build an empire?