I would take the $1 million
Then take $500,000
Find me area in a city that has low crime, older small homes that are ran down and buy up all the property on the entire block.
Remodel the houses and rent them all out.
Take the rental payments, go uptown into the middle class neighborhood, buy a house, make improvements, flip that property for profit, then do it again another dozen times.
While still have cash flow coming from the rentals, turning profit from flipping the better homes, then start taking that profit and buy a office building or a small retail strip outlet and have commercial rental property.
Still in the mean time, I'm making profit on my original investment of the income rental homes
Then I might build a twin tower type office complex.
Thereafter, may decide to build a golf course with a nice clubhouse.
Last edited by proadco » Sat Feb 27, 2016 02:30 » edited 4 times in total