Investments

They are just clearing the last hurdles around here. I suspect it depends on what state you are in as to market saturation.

 

A start-up business selling medically "necessary" devices, one that has shown initial growth already. A year only though, not a good long-term investment due to ever-changing healthcare/insurance laws.

 

Not a bad idea. Some of the ETFs and MF's that focus on pot stocks have done well, mine included.

 

3 mil to lobby the state legislator of whichever state is on the verge, which puts you in good graces with local permitting. Then 2 mil to open a couple/few stores, sit back and count the cash.

 

I have heard you can make a killing buying website names.

 

Hookers and blow.

Military equipment manufacturers. Wind energy / grid support.

 

The best way to a fast return in Real Estate is buying foreclosures. Specifically, high end single family. Because cash is required there's not much competition. I would buy a couple foreclosures in luxury areas of Ft. Lauderdale and flip them.

I am not a fan of flipping anything other than burgers or pancakes, but since you said $5M and one year I'm assuming a Brewster's Millions type scenario.

Otherwise I'm a buy and hold type.

PS look at Heidi Klum's house. She bought it for about half of what she just sold it for a few years ago.

 

A company with a lousy debt structure. Restructure debt after purchase at a lower rate and flip it at the end of the year.

 

You heard wrong.

 

We have been doing that.

I never buy a home (even for myself) unless it is under foreclosure.

 

FIFY

 

Those are usually leveraged to all hell around here as whomever owned it sucked the cash out of them to try and save their business/marriage or whatever on the way down.

Better to market to the personal representatives on probate cases where there are high end homes directly. Usually ends up being a kid who doesn't want to deal with the headache and will dump them quick for cash.

 

NoVa townhouses in the $250K ~ $300K price level.

One year quick flip since your 1 year limit is such a fast turn around.

 

The struggle is real.

 

Much more accurate. :up:

 

Locally - Real estate. There's a shortage of houses in our area for the middle class but only a couple builders who could make it happen but need a third or a fourth to be a silent.

Business - High end nursing home. I feel horrible saying that but the amount of money those places make is just insane. Build it, get the clients secured and sell it.

 

In a year?!?!?!?!?!

 

Not exactly your scenario, she bought in 2010 for $14 Million and sold for $24 this year. Spent "a few million" fixing it up.

http://www.zillow.com/blog/heidi-klum-lists-home-154613/

Maybe the best investment is to spend $5M dating Heidi Klum?

 

Ever seen what a 22k sq ft luxury home costs to build on a 20acre plot vs. the same house for foreclosure?

I bet i paid less for my home than most 5k sq ft homes.


my cheapness is epic.

 

I would pay you $100k to tell me what to do with it. I'd still come out gobs ahead, because if it were totally up to me, I'd spend it racing and be broke again in two years.