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Posted
1 hour ago, Walte464 said:

Investing in property.

With cash ?

1 hour ago, Lhorn said:

120k seems like a pretty specific number. Are you “asking for a friend?”  


if you’re a cop, you have to tell us !

  • Haha 3
Posted
11 hours ago, tx 3 putt said:

$120,000 cash falls in your lap. What are you doing with it ?  
 

Where did it fall from?  Do I need to hide the body? Cover up evidence?   How long do I got before I need to get outta town?

Posted
1 hour ago, Bullneck said:

What do I do first?  Look for a tracking device.

This aspect of the question is more interesting to me than hashing out all of the "blow it/invest it" possibilities - especially given the relatively small amount of money, at least by hypothetical windfall standards. 

I think the smart play is to stash it in a fairly public location somehow (a bus/train station locker would be perfect, but those went the way of the dodo...), grab a different carrying container (the denomination of the bills will determine this issue - whether we're talking $1s or $100s matters here...), then finding some other semi-public location (back of a car in a busy parking garage? Single stall, locking bathroom in a hotel lobby or other business?) to unband and quickly flip through/shake out all the bills while putting it into the new container. 

 

Posted
3 minutes ago, Prepuce of Doom said:

An argument can be made that you don't understand today's society if you're citing Ozark for any reason. 

Go deposit $120k in your bank account, ‘over time’ and see what happens 

Posted
39 minutes ago, tx 3 putt said:

Go deposit $120k in your bank account, ‘over time’ and see what happens 

When you could be earning 20% sitting on the beach.

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Posted

I would renovate my house....  

120k will buy you a nice new kitchen.... or maybe other room renovations... and I would pay it out as cash payments to the contractor when they hit their completion goals. 

 

 

*after checking it to make sure there isnt an apple airtag or some other tracking device hidden in the bills. 

 

Posted

Send it to my financial planner and know that my retirement income just went up and depending on what she says maybe plan on retiring in less than 3 1/2 years. Yea, I'm boring. 

Posted
On 9/10/2022 at 12:54 AM, tx 3 putt said:

With cash ?


if you’re a cop, you have to tell us !

If this is a serious question, I’d find a Realestate market that this can be 25% down on 2-4 multifamily homes that are rent ready.  If I had all the time, instead I’d buy run down ones and run the crews to renovate them, ReFi the cash out i made renovating, and do the next one. 

Posted

Most of the ideas in here would get you the aforementioned Ozark-type attention from the Feds.  Realistically all you can do is put it in the safe and trickle it out for the rest of your life.  Pay for groceries and part of your vehicle trades.  Do it inauspiciously, at least until after the cash is spent up.

Posted
If this is a serious question, I’d find a Realestate market that this can be 25% down on 2-4 multifamily homes that are rent ready.  If I had all the time, instead I’d buy run down ones and run the crews to renovate them, ReFi the cash out i made renovating, and do the next one. 

If this is a serious answer, can you tell me where I can find 2-4 multifamily homes that are rent ready and $120k covers the down payment?
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Posted (edited)
9 minutes ago, SquishMitten said:


If this is a serious answer, can you tell me where I can find 2-4 multifamily homes that are rent ready and $120k covers the down payment?

If you can’t find a multifamily for $240k you’re not looking.  Two would be no problem. Finding 4 would be tough, but might be doable depending on what part of the country you’re in (or how far away you’re willing to buy)

 

 

DF44CC83-F788-4DA3-86B3-E1C07F097827.jpeg

Edited by UT_OB1
Posted
15 hours ago, AUS-97HORN said:

I would renovate my house....  

120k will buy you a nice new kitchen.... or maybe other room renovations... and I would pay it out as cash payments to the contractor when they hit their completion goals. 

 

 

*after checking it to make sure there isnt an apple airtag or some other tracking device hidden in the bills. 

 


Home work / improvement would be easy, all those guys give a nice cash discount 

Posted
I’d tell my wife to come home right this minute and fuck me silly:
5AD58971-6333-4C7C-A77F-253B868CBC73.gif.d4f1c539ece94473ecf1345ca431bfc4.gif

Wife hit a slot machine for $12k once. Got paid in Benjamin’s. Looked similar to that gif.
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Posted
2 hours ago, davidg said:


Wife hit a slot machine for $12k once. Got paid in Benjamin’s. Looked similar to that gif.

If you’re wife looks like Demi, then there are rules damnit. 

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  • 4 weeks later...
Posted

1.  clear the source liability

2.  clear the tax liability 

3.  clear your bad idea liability 

4.  proceed 

there is a whole other world behind this one. 

Posted

So what was the smart thing to do with 120k?  invest or whatever?

 

I was thinkin like a perv too.. but two top notch chicks in TJ only like $160 for 30mins..  so what am i gonna do with the remaining 50k?

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