Originally Posted by
TSA
I was thinking the same thing but Idk enough to speak on it. I also feel like you might as well take your money to Vegas. It's all gambling anyways. Dan Blizerian got rich playing poker. What I know about investing is to buy things that will make you money, idk finance too well though. And apartment complex is a great idea.
My dad bought a house from an alcoholic in a hicktown (though threw in a solid plot of land cause he was an alcoholic). He rented it out to 3 sets of tenants and was able to build our house in Nigeria with the earnings. I know these hipsters that bought a shit warehouse looking place and turned into into a really nice share-space. They rent it out for business and personal events, banquets, concert after parties, art shows etc and that's all they do for a living.
I would do something like that. Buy a space and rent it out. The issue with renting to humans is they're really unreliable as my dad came to learn, but if you rent out to events for like 300 a night and get book fri, sat, sun that's 900 a weekend and you won't have to lift a finger. Let alone if you rent for the rest of the week or at a higher price. That way you're not dealing with individuals and their issues. I know once my money looks stronger I'm going to buying (or lease at first) a space I can rent out in the same manner and use as an office as well. There are a lot of small businesses that need an office they can use to momentarily and houston being as diverse at it is the event industry is frucking CRACKIN (Nigerians have 3 weddings per couple, plus mexicans and their 500 deep birthday parties, and indians with their 3 day weddings etc).
If I rent a place for like 900-1200 a month (which is doable here) I can charge 25% the monthly cost per event and use it as a personal office. etc etc. idk about no faggot ass stock market and I personally wouldn't invest a once in a lifetime windfall into something that idk as well as the people in it.
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