You have $1M to invest-how to get a 10%+ ROI?

[hatchgreenchile]

A risk(ier) play… If you believe the “massive El Nino” chatter, look into some commodity futures on impacted industries.

[XXX-er]

lower your expectations, buy a house with a basement suite try and rent it to a playboy model and ski bike paddle

[Skistack]

Buy an apartment building and contract the management.

With $1,000,000 and 30% equity you can buy $3,333,333. Buy at a 7.5 cap rate and your NOI will be $250k. 4.5% mortgage with 360 month amortization is $142k for debt service. Reserve $8k for capital needs.

Boom - 10% ROI.

[::: :::]

Yep, I was going to sell a few rentals to get the $1M to invest. The RE gives about a gross 4.8% annual return based on its value. Net return is closer to closer to 4% annual. Appreciation has been strong over the last few years, but there is a good chance that will turn around in the next year or 2??????

I have a friend here in OR that manages portfolios of commercial real estate. If I understand correctly, most of his clients do not interact with the properties beyond owning them. They buy/sell as their investment, no development or property management. He seems to be doing well; I have to assume they are as well. All the research is in market growth for a given location. [I have no idea if $1m is enough to play that game]

[Kinnikinnick]

Buy an apartment building and contract the management.

With $1,000,000 and 30% equity you can buy $3,333,333. Buy at a 7.5 cap rate and your NOI will be $250k. 4.5% mortgage with 360 month amortization is $142k for debt service. Reserve $8k for capital needs.

Boom - 10% ROI.

What happened to the management fees? But yeah if you can find a 7.5% cap apartment including the management fees, yes. Here they're going for 5-6%.

[liv2ski]

Seems like it always comes back to RE. Having always self managed my properties, thinking about apartments makes me want to puke (20+ tenants). However, I guess you have to have an onsite manager to deal with the people and schedule the repairs, so maybe not a bad thought.
As far as commercial RE, that has always made me pretty nervous, as you need big money to play in that pool.

[babybear]

Mark twain says Buy land, they're not making it anymore (excluding all those crazy man made islands in Dubai)
Funny my dream is to stop working in the office and become a slum lord.

[digitaldeath]

Black Rock and Goldman way ahead of you guys, they own all the rentals

slumlording is all the rage on wallstreet

Bullish

[babybear]

Black Rock and Goldman way ahead of you guys, they own all the rentals

slumlording is all the rage on wallstreet

Bullish

Not all of them. I've got Mediterranean and Baltic Aves

[irul&ublo]

Marry wealth

With big tits

[Timberridge]

Buy a remote island, install an laser strong enough to shoot down satellites, and hold countries ransom for 1 billion dollars.

[irul&ublo]

Buy a remote island, install an electromagnetic rail gun and threaten to shoot down satellites unless you are paid 1 billion dollars.

When Rick Perry is prez, we'll all be able to go down to Big 5 and buy a rail gun. #2nd Amendment

[iceman]

Identify an insider in the Whole Foods real estate department. Give them half a million for inside info. Use the other half to buy slum property that is about to become hip and expensive. Repeat.

[hutash]

"Everything on 22, come on 22, 22, 22"

[babybear]

With big tits

pffft- easily bought if wealthy so just marry the wealth first- then get the bigger boobies

[digitaldeath]

pffft- easily bought if wealthy so just marry the wealth first- then get the bigger boobies

real men want real bombs

[Gcooker]

Buy a whack of condos in Florida and rent them exclusively to old as fuck Canadian tourists. 4k a month, 10 condos paid in cash, plenty of cake left to cover the bills... Profit.

[highangle]

So as some of you may know, I have been in the mortgage biz since 2004 and frankly the last 7 years hasn't been the greatest when compared to the first 23 years. I am to old to French kiss Realtor assholes for leads anymore and the refi boom of the last 4 years is ending, so what to do now?

I know a few of the maggots work/invested in legal weed operations. Whether that was a grow op, distribution or retail shops, I would appreciate some feed back (via pm is fine) on your experiences and thoughts for opportunities and risks in the industry. As I can't get a 10% return on 30 year T Bills, don't want more tenants and am clueless what else to invest in, maybe moving to Oregon is in my future?

I know asking for advice on the internetz is retarded, but I am obviously bored out of my fucking mind and need to start on a new endeavor one of these days. Your food for thought is appreciated or at least post up something stupid to make us all laugh.

Combine your love of real estate with your love of weed. viz

1. Buy houses to rehab/flip. You should already know the theories behind this.

2. Rehab said homes for max profit!!!, but crop in them too while the bedrooms are gutted. ie 2x600W digi HPS vertical or SOG per bedroom on a flipflop contactor 12/12 in a 2BR while you're adding the nice faux timberframe and flooring and upgrading the kitchen.
The Gold Standard for high productivity indoor cannabis cropping is 1g/W/56days with CO2. Hard to do, but some people do better, and you would have benefit of almost a tabula rasa in which to create each strain's ideal environment.

3. Scale. A few locations is better than one after you have things dialed. Both as a materials purchaser, and a value-added seller. One can also stagger harvests to regularize the income stream, and modularize the hardware and time input to produce a relatively unitized yield. Moreover, moving around in the course of business always generates opportunity, but particularly in real estate. Having the world by the balls in the background doesn't hurt either. Confidence is great for selling.

4. 2.2 lbs of retail flower/month/2br condo can service some debt, a million bucks on hand will buy you some financing, so we really haven't touched your principal yet, have we? Merely borrowed against it, almost like production credit. So either you're croppin' on OPM, or you have 100% occupancy (your plants) in all your properties while you are turning them over.
Take your hat off when they raise the American flag, son.

[Chugach001]

edit

10% returns easy

start fulfilling govt contracts

Oh sure, that's easy. Let us know after you get a couple under your belt.

[digitaldeath]

Oh sure, that's easy. Let us know after you get a couple under your belt.

its not hard, you just gotta put some time in to decipher the bid requests and make sure to double check your work. I dont have a million, but if i did i would be pouring over these

https://www.fbo.gov/index?s=opportun...=list&tab=list

[liv2ski]

Combine your love of real estate with your love of weed. viz

1. Buy houses to rehab/flip. You should already know the theories behind this.

2. Rehab said homes for max profit!!!, but crop in them too while the bedrooms are gutted. ie 2x600W digi HPS vertical or SOG per bedroom on a flipflop contactor 12/12 in a 2BR while you're adding the nice faux timberframe and flooring and upgrading the kitchen.
The Gold Standard for high productivity indoor cannabis cropping is 1g/W/56days with CO2. Hard to do, but some people do better, and you would have benefit of almost a tabula rasa in which to create each strain's ideal environment.

3. Scale. A few locations is better than one after you have things dialed. Both as a materials purchaser, and a value-added seller. One can also stagger harvests to regularize the income stream, and modularize the hardware and time input to produce a relatively unitized yield. Moreover, moving around in the course of business always generates opportunity, but particularly in real estate. Having the world by the balls in the background doesn't hurt either. Confidence is great for selling.

4. 2.2 lbs of retail flower/month/2br condo can service some debt, a million bucks on hand will buy you some financing, so we really haven't touched your principal yet, have we? Merely borrowed against it, almost like production credit. So either you're croppin' on OPM, or you have 100% occupancy (your plants). Take your hat off when they raise the American flag, son.

Damn highngle, I like the way you think, but I am uncertain that is a solid business plan. Let me get my vape warmed up and I will get back to you.

[digitaldeath]

Herbalife?

[mud]

1. Vanguard ETF's
2. Open up a bake and dispensary shop with Bobby.
3. Buy a Audi/BMW repair shop and use your forum connections to convince people to buy 10 year old Audi/BMW's.
4. $$$

[babybear]

Is weed really that lucrative anymore with legalization? serious(ish) question
My sister has done the harvest in CA for the few yrs but this past yr she said it is no longer worth the money as they aren't paying out as robustly as in the past
maybe completely different from the dispensaries etc though?
The price of weed has stayed relatively flat compared to other things

[highangle]

Damn highngle, I like the way you think, but I am uncertain that is a solid business plan. Let me get my vape warmed up and I will get back to you.

Broad sketch. Devil's in the details, but such is life.

Big clones in Coco. GH 0/6/9, drippers DTW, 40g res/room will give about 4 days unattended use at peak delivery. CO2 in tent or sealed room. Carbon filtered I/O. Dehumidifiers/ac. Forgiving system that still eliminates 99% of agricultural pitfalls. It will fkn blowitup too.

UPS, ballasts, timers & env control system for 1 room integrated on 1 plyboard. Pigtail to breaker box. Safe. Portable. Quiet. Plug 'n play.

Third bedroom of a 3br ranch property= either Veg/propagation, or long strains. All under the <10kwh per bedroom/day parameter of normal American slob electrical usage.

Security/security theater: yes, and yes. It's a job. Property management, landscaping, enough signs of activity to deter rippers, a good story about how you're financing this renovation out of your hip pocket for the nosy neighbors, scheduling real tradesmen to move forward on what could be the real moneymaker of the whole deal - the renovation of the real properties themselves ...

Get paid legal advice. If your attorney wants in, even better.

Plug it in like a McDonald's franchise, keep logs and take measurements. That's how they figure out what works and what doesn't. Also, the more systematized and modular the production system, the smoother it can run, and the more can produced by 1 unit of human labor/time input.