But if technology makes you nervous, and I understand why it would, buy LLY and COST. I don't see them slowing down much over the long-term.
You should be very careful in the short-term if you want to dip your toe in the real estate investment pond. These days, $100,000 won't get you much. If you are investing in Texas, you should remember that they have higher than average property taxes. Government entities will get their money! You have the extreme challenge of finding tenants that are going to pay you in a timely manner.aminotito said:
Investing $100k is a significant decision, and there are several options to consider. One potentially lucrative approach would be to use that money as a down payment on a rental property. I've been thinking about this strategy myself, and it could offer multiple benefits. By leveraging the $100k with additional financing from a bank, you could potentially acquire a more valuable property. This approach could provide two streams of income: rental income from tenants and potential property appreciation over time.
commercial is good for those reasons and more.. just be careful as the commercial requirements of businesses are changingBellCountyBear said:
I am gradually getting out of residential rental property because it's a pain in the ass and property taxes eat up too much profit.
If you can find a commercial property with a triple-net lease and a >5% cap rate, that is the way to go.