-
01-18-2010, 11:58 PM #1
Banned
- Join Date
- Jan 2010
- Posts
- 52
If you have 1 miilion dollar what will you do with it?
I f someone will give you a million dollar and you will only have one day to spend it what will you do with it?
-
Real estate of course! I would focus on building a portfolio of rental property, both multifamily and SFH.
Mark Brian Silver Star Real Estate
Upstate South Carolina Real Estate
-
01-19-2010, 07:16 PM #3
million dollars
If I had only 1 day to spend a million dollars..then that would mean I wouldn't have much time to rsearch my investment...so I would pick the safest and most secure real estate investment in America today....Government Secured tax lien certificates
So, since I live in Florida, I would go to as many counties as I needed to to spend the entire $900,000 (I would save $100,000 for a sweet new Corvette) ... this would mean that my $900,000 would be in guaranteed high yielding certificiates that would pay me an annaul rate of return of 18% (because I bought them "over the counter, there would be no competition to lower that the interest rate like at an actual live auction with other bidders)
Then, after 1 year, I wouod have amassed a whopping $162,000 in 1 year...do you know of a better investment than that that you could do in 1 day? ... just do the math if you don't believe.
Good Question, I enjoyed that thoroughly....thanks
-
01-21-2010, 03:49 AM #4
Condominium
- Join Date
- Oct 2009
- Posts
- 252
I would open my own business in Australia and i would a house for my family there. I dream of moving to this country as from my point of view it's one of the best countries in the world.
-
01-21-2010, 04:41 AM #5
I will flip properties in FL and double the money within 6 months. Repeat.
-
01-21-2010, 07:07 AM #6
Condominium
- Join Date
- Dec 2009
- Location
- Holland Michigan
- Posts
- 309
I'd buy up as many foreclosures here in West Michigan as I could and turn around and sell them. Of course it would take me longer than a day to close on them, so I don't know home technical you want to get
-
01-26-2010, 06:39 PM #7
If I have 1 million dollar I would invest the half of it to real-state the other half I will start a small business and I will have a vacation abroad
-
01-27-2010, 12:43 AM #8
Fixer Upper
- Join Date
- Jan 2010
- Posts
- 54
I'll spend it on a trip to japan. I want to see my japanes idols like YUI and Tomiko Ban. Also I'll buy a guitar for myself. An electric guitar coz I don't have it, just a beat-up acoustic guitar.
-
I would continue to put up some more business in Australia. I would also invest my money in real estate, buy some properties such as house and land packages or office space. Then I will share or spend the remaining money for my family.
-
02-01-2010, 11:32 PM #10
Renter
- Join Date
- Feb 2010
- Posts
- 11
Lacey drop dead
Oh my God!!! If Id be given a chance to have 1 million US dollars I'll hire workers immediately to build me 3 palaces on really expensive real estates in the US!! 1 for my parents, 1 for my sister and one for me..LOL..then I'll donate some to charities id wanna help..and i'll start my own business..one thats lucrative..a hotel or a casino...
"Use a home drug test every month to keep your worries away..."



LinkBack URL
About LinkBacks






Reply With Quote
Bookmarks