[Zeke]

The more interesting part of the discussion will be where will you invest the cash?

I have a friend of many years that has a problem of too much cash and no where to put it. He was in hard money loans, but doesn't like that market now. With CD's paying next to nothing, he would not do those either.

So, he buys surplus new homes in Victorville. No problem getting a grand a month rent for under 80,000 investment. You do the math. He affirms that he nets 10% on his money.

He knows real estate so property management is no hassle for him. He simply hires it done, but not by an established firm that gets 10%. He never leaves his house and has maybe 4 million in real estate not counting his own expensive home.

Which I believe is paid for.