Most helpful customer reviews on Amazon. October 7, - Published on Amazon. This is well written and full of great factual information created to help anyone understand today's market. Well worth the read! Insightful and places things into perspective. What many people avoid talking about real estate and yet very helpful. Reality at its best.
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Go to Amazon. My Dad did well investing in paper assets, but got demolished in his real estate holdings. His RE strategy was an appreciation play like the stock market and unfortunately, did not work out for him.
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- Real Estate Market Sucks, Now What?: 8 Ways to Save or Sell Your Home by Ken Beasley - mobacecabo.ml.
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My wife and I have some paper assets as part of our general retirement savings, but use RE for cashflow. When you add in tax benefits, leverage and debt pay down, cash on cash returns are easily double digit. This is where property management is a no brainer on the residential side, or where commercial real estate and crowdfunding becomes attractive. Speaking of real estate crowdfunding, I wholeheartedly agree! My investor group has about 5M in RE Crowdfunding currently, both on the debt and equity sides. Im watching closely to see which platforms end up performing the best. For those frequently moving around with their job, stocks are way better.
However, if you plan on staying in the same city forever, real estate can be an excellent option. For me, I have 3 rental properties. I would rather focus my time on building my stock portfolio and let the Fortune CEOs manage my investments. I would rather spend my time in a hammock on the weekends compared to fixing the leaky pipe. I believe it is all about what you personally want to do. I think the author explains the pros and cons very well. I will share my brief story on my 1st rental property and why I chose what to do.
I bought a duplex k down. I am netting 2k a month after taxes, insurance, HOI and mortgage. It was a brand new construction townhome in a rapidly appreciating area for K. I was extremely lucky, but my goal was to increase my monthly income so that I could save up more money the following year and buy another property. Compared to the rental income of 24k and the k increase in net worth in the home, it still isnt close.
The Real Estate Market Sucks, Now What?: 8 Ways to Save or Sell Your Home by Ken Beasley
I am not even counting the tax advantages of writing off the taxes, mortgage interest and rental depreciation. I believe that investing in a rental property is the best way for younger people to build wealth who dont have a lot of funds to begin with. Anyone who has 5 million dollars can just invest in a Vanguard fund and get k a year in investment earnings and never have to work again.
Understanding the rental market and area are critical as well. Folks, Arguments of situational investing are worthless. So lets put on our creative and positive thinking caps. Lets focus on the principle of getting your money to work. The list goes on.
Best wishes to all of us seeking to grow our net worth. There is a lot of good to be done in the world, lets get to work. I enjoy your blog and find it informative. Started looking into Realty Shares.
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Just would like to know other than your personal investment is there a financial relationship between Financial Samurai and Realty Shares? I also decided they were the best real estate crowdfunding platform after meeting up with the CEO, VP of Finance, and multiple people from the firm as part of my due diligence. There are dozens of real estate crowdfunding platforms, but I think RealtyShares and Fundrise will be the two winners.
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What am I missing? Perhaps the fact your broker has never experienced owning physical real estate, and therefore has no perspective? How safe is investing in real estate crowd funding? Is your principle subject to losses? I recently took some money out of stocks to lock in gains and I am looking for a safer alternative which also has a decent return.
You may want to consider CDs or bonds if you are more risk averse. The interest rates are very tempting. Why are people using realty shares instead of the much lower rate conventional mortgages? Do they not qualify? Also, are the borrowers rated for ability to pay?
Probably better to spread your money among many borrowers to mitigate the risk. I think I am older than you, about to turn 58 and we are already retired. I was almost all in the stock market but recently pulled out a big chunk due to the old bull and the prevelance of corporate buy backs as opposed to true increases in production.
Still have money in it, as well as a paid up house and a rental. I will look at your article on bonds. Thank you for your time and energy! Maybe find a new broker?
Lots of stocks will give that rate of return or better but neither real estate or stocks has guaranteed returns long term. All depend on your knowledge and experience.
Which Is A Better Investment: Real Estate Or Stocks?
Because both provid good returns. If you have knowledge and experience of stock market, no real estate could have beat the returns you earned if you invested in a big companies like Microsoft, Wal-mart and Dell. Same with real estate market, If you have knowledge and experience you can earn more money on your rental properties and they also allow you to retire much earlier than the stock market.
This is completely inaccurate. The advantage stocks have over real estate is dividend growth and reinvestment of dividends. There are advantages and disadvantages to both. If your looking for straight returns then stocks will be your best bet, but if your looking for tax advantages and to use leverage real estate is your friend.
I personally own 7 figures in real estate free and clear. Thanks for this article. Real estate v investing is one tough discussion for me. I bought real estate at the peak of the market just before the credit crunch and today am still sitting with virtually no equity. Your risk tolerance and life goals should play into your decision.
The Five-Year Rule for Buying a House
But if people are paying cash, that makes me feel good that more and more people have stronger balance sheets now. You can cherry pick returns which ever way you want to argue your preference. Most people who cannot afford will be biased against housing. Or maybe someone clogs the toilet and it overflows, or a sewer line breaks causing poo water to go everywhere. Also no worries about tenants trashing the place. Real estate has been my best asset class so far, and I do have a multi-million dollar equities portfolio fyi.
We too live in the SF bay area, and have had our primary investments in the RE market. May I ask about your equities portfolio? My husband and I have been discussing diversification prior to retirement, about what if anything to invest in index markets, etc or just to continue with RE investing. What would you recommend as to investments other than RE? I am tired of losing money in the stock market and have often considered purchasing another home or condo to rent out.
I thought about cashing it out my IRA and possibly my other savings Roth to make this happen. What could I possibly do to get passive income more reliable at age 51? You can lose money in real estate too, but the key difference is that you can do things to help improve your rental income.