what's the best investment you can think of that's fail safe and will return 8-10% per year on 500k liquid asset?
right now the only thing I can think of is real estate, purchasing 8 condos at 60k per, renting each one out for $800, pocketing $500 each month per unit.
if you can offer any advice or have other ideas thanks in advance
guys, thanks for the suggestions, but no stocks or bonds knowledge or experience.
what do you guys know about the rental program in places such as mgm signature, trump, and platinum hotels in vegas, can you generate positive cash flow every month with no mortgage obligations?
a lot of them are now on short sale for 80k-150k. from my research there's a class action litigation pending against mgm. most of these investors paid over 600k and are now 3k-5k in the red every month, or so they say.
any ideas on this appreciated
guys, thanks for the suggestions, but no stocks or bonds knowledge or experience.
what do you guys know about the rental program in places such as mgm signature, trump, and platinum hotels in vegas, can you generate positive cash flow every month with no mortgage obligations?
a lot of them are now on short sale for 80k-150k. from my research there's a class action litigation pending against mgm. most of these investors paid over 600k and are now 3k-5k in the red every month, or so they say.
any ideas on this appreciated
Impossible to generate positive cashflow with no mortgage payments unless you buy the place cash. The time to buy these condos would be now.
Established in 1995,
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