If you had $500k, what online property/biz would you buy?

with 500K I wouldn't deal with online. I'd buy 8 rental properties that could rent for $800 a month each then id take the $500 of the $6400 I'd be currently earning a month from the rental properties to start and develop an authority site.

Work smarter not harder.

Probably investing in a whole lot of legit,proven Websites that are for sale

- Robert Andrew

Buy a bunch of smaller revenue websites that you have the potential to grow and scale the earnings due to inexperienced website owners.

Once you have a large enough network of websites either focus on optimizing their revenue streams or you can take the lazy way out and create an advertising platform and let other people bid for that traffic.

You can have a crazy return off a good portfolio of websites that are optimized and being well maintained.

People talk about investing into stocks and think 10-15% annually is awesome. In the online world 10-15% returns is on the lower side of things.

If people from the offline world started putting as much attention into maintaining their online properties like real life properties, they could easily get more value out of a website than they ever could from a rental property.

But people don't know how to do it so they don't think its possible.

It's crazy to think how far you can go in internet marketing with just 5-10k to get started. You couldn't even open a business with that kind of money in the real world, but online, that 5-10k could create a business worth tens of thousands in a short amount of time.

What a unique situation we are all living in right now.

If you aren't taking advantage of the ignorance of the masses and using this once in a lifetime opportunity to get your foot in the online world. You're going to be kicking yourself 10-20 years from now when things get a lot harder and the real world finally wakes up and realizes anyone can do this.

I'll say it right now. Screw putting money into your investment portfolio. If you have less than $5,000 in the market right now, take it out and put it to use to build something of value right now while the iron is hot. That $5000 would be put to better use building a real asset instead of sitting in a portfolio for 15 years.

That doesn't mean don't invest, but if you're serious about doing something more with your life, do it now while you're still young and have the ability to take a chance. When you're 55 and retired and realize that $100,000 portfolio you've built up over the years is only going to last you 3-5 years (if you're lucky), you'll wish you could of done something more or worse, you'll have regrets that you never took the risk of doing something that is challenging and rewarding.

This has gotten a little off topic for what was in the original post, but I don't think a lot of people realize what kind of time they are living in right now.

You have the ability to buy a computer for as little as $50. And with some willpower and a little work ethic you can use that tool to reach millions of people across the world. Never before in history has anything like this ever been created. You are living in a time where the most dirt poor person in the country could get on a computer and become a millionaire.

If there ever was a time to double down on your dreams of creating a successful business. This is the time to do it. Don't let fear hold you back, because there is something worse than fear...

And that's regret.

I would stop daydreaming on forums and start doing...

I think if you daydream this much you will be one of the 80% on here that make squat , this type of thread should be in the Off topic that's where the answers you want are!

Jason

your time would be better spent trying to figure out what to do with the money you have to invest in your business instead of the money you might find in fantasy land

al

That would be one thing if you had a product or project in development and worth investing in.

If you are getting ideas here for where to spend his money - tell your friend to choose his own investments....and you'll keep a friend.

If I had $500k, maybe I would not invest in online, I will buy 5-10 houses/properties and then rent them. But in case you Must invest online or nothing, I would suggest you to invest into bidding ads system such as Google adword or Affiliate network such as CJ, Clickbank,..IMO

If it was me I would invest 100k - 200k on a really good one word keyword domain with traffic and use the rest to invest on building content for the site and other small little things.

First thing first, invest time of yourself to figure out what is the best way to make money out of that 500k$. It dont have to be online business tho.

Give it to me. That's the best investment your friend could make.

I'll use it to place my ad banner on warrior forum every day for 13.5 years.

I'd buy an underutilized, undervalued website at a bargain price that I could grow. I wouldn't spend the whole 500k. Then I'd take some of the savings and grow the sites traffic and revenue. After a year or so, I'd place it back on the market at double or triple it's original value and rinse and repeat until I was excessively rich.

Buy a large property next to a gentrification area, split it in 2 parts, sell each part for $410k. Now, I've got $800k to play with. I buy a 6-unit property in the same area, convert it into 6 condos, sell each condo for $250k. After expenses, I've got $1.2 mil.

You could also buy a 20-unit (in my area you'd have to get a mortgage), after expenses and mortgage payments, each unit will be getting you some $250, so that's $5k a month net revenue and you still have a couple hundred thou to buy a franchise (some frozen yogurt or kids birthday thing) and do some good marketing that would get you a net revenue of some $5k a month.

So, now you've got a business, a building, you're making money and your building's value goes up (because, of course, you bought a D building in a B- area and pretty soon the area will be an A area and, of course, you're improving the building so you can raise rents and increase value.

Really, look into buying a franchise that's got proof it knows how to help franchisee make money and look into real estate... (but be an investor, not a speculator).

If it were me, personally, I would imagine myself walking into a casino with 500k and go to flippa and start small and work my way up as I start winning (AKA making the money back that I invested). The whole time I would only invest money in small increments with the expectation that you can possibly lose money (ie, the casino analogy)

You may end up buying some duds (AKA losing bets), but in the end if you do all of your due diligence you can find some great deals on there.

In a nutshell, what you want to do is find ways to test the market with different products and services while spending a minimum amount of money. When you find a product or business model that gives you consistent ROI, then start dumping significant sums of money into it. Don't spend it all in one place!