How would you deploy 500k if you didn't care about the rat race?
Feb 4, 2021
25 Comments
Say you have 500k cash, what would you do with it if you didn't want to participate in the rat race? Personally, I'd move to a lower cost city and get into real estate. Potentially would also get a low stress SWE job to have medical insurance and some extra income and do RE in the free time. So many options there, but the most obvious ones are rentals and flipping. Can easily buy a house that needs a bit of work, renovate, rent and take the cash out via refinancing (BRRRR) or just flip without renting. 500k would go far somewhere that's not NYC or SF.
#realestate #investing #fire
comments
Now Blinders will come here and tell me how that much money is not enough to get them $15M in investments, three houses paid off worth $3M each, two Tesla Model S’s in the driveway and $2M for kids’ education. But yeah smoothbrains, OP isn’t interested in the rat race like y’all.