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If you had the ability to earn up to 10-15k in cash per month (temporarily), how could you flip/reinvest that money to make a sustainable revenue stream? (alien.top)

submitted 10 months ago by Nickdoralmao@alien.top to c/entrepreneur@indiehackers.space

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Let’s say a magical fairy hands you $10k each month…lol, that you may stop receiving after a few years. How could you build a business or invest that money so that it becomes a reliable income? And you have zero schooling, just starting from scratch. E-commerce? Buy a food truck? Day-trading? Real estate? What would you do if you were starting from zero and this is all you had? Sorry for the stupidity of this question!

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[–] Atriev@alien.top 1 points 10 months ago (1 children)

At only 10-15k a month, I don’t understand why your post mentions “temporarily” because wage-ies that make 6 figures make that on a monthly basis. I don’t think this figure is anything special.

[–] StateKind5260@alien.top 1 points 10 months ago

My word of advice: people who are shilling real estate right now probably aren’t making good returns.

Can confirm. Lots of empty office buildings around. And anyone who has a balloon payment coming up in the next 24 months is sweating big time.

There are always good deals to be found on real estate if you are patient and cautious, but broadly speaking, this is not the time to be taking out a commercial mortgage, if you can even get one.