Investing in real estate?

[ProjectParticipant 507]

Now that I’m 18, I have started to wonder for the last year what I should invest in. Now I do not want to be arrogant and put all my eggs in the same basket that is a recipe for disaster and this why I need to some advice.

What I have seen is that the renting of real estate especially dorms looks like a promising market.
The goal right now is saving up for 2 dorms that I can later rent out. But I am a bit hesitant on invest that big amount of money in one market.

Are there any advice to a young hatchling stumbling into the market? Any advice I should heed and any traps I should watch out for?

[Anonymous 0]

“Real estate is as good as gold” I don’t know who said that but then it is all true that gold is as good as real estate. Investing in either gold or real estate is good depending on what stage of life you are in.
For me, being a senior and IMO, gold is better than real estate. At your stage in life you have other options and can afford more risk; just like we all could at that age..
The advice I could give you is to do you own research and due diligence because it is only you that will gain or lose.

[thisistheguy123Participant 2063]

Wouldn’t investing in real estate be putting all your eggs in one basket?

I prefer solid blue chip companies with future growth and a healthy dividend.
Easier to buy/sell, don’t lose anything on selling it like real estate agents charge, etc

You can even buy REITs if you want to invest in property that way

There is no real right answer here, follow your gut, but this is my input

[DorkShitParticipant 4353]

When young you have few eggs. You can’t beat rental property.

Peace brothers

[Old RottweilerParticipant 1520]

I’ve had a lot of rentals. Buy when no one else is buying, when everyone says real estate is a terrible investment. Which would not be right now. Plan on holding for many years. It’s generally a 7 year cycle from top to bottom.

Smaller units are better than many bedrooms. I would stay with 1 bedroom units.

[ProjectParticipant 507]

thisistheguy123 wrote:

Wouldn’t investing in real estate be putting all your eggs in one basket?

I prefer solid blue chip companies with future growth and a healthy dividend.
Easier to buy/sell, don’t lose anything on selling it like real estate agents charge, etc

You can even buy REITs if you want to invest in property that way

There is no real right answer here, follow your gut, but this is my input

How I see it is that real estate consists of several baskets. You have buy and sell basket, natural resources basket, rental basket and a couple of others. But I understand it would be confusing with the way I wrote. What I mean is that I do not want to put all my eggs in the same basket, but my gut feeling is telling me this is a great idea. It’s just my rational side telling me to be cautious, that is why I am asking for advice.

[ProjectParticipant 507]

Do yhe math on 60 years of rent.

What is the largest monthly expense? Housing.

Learn to fix things.

I am learning that from my father, this year we rebuilt the balcony from scratch and turned it into a 7*6. The entrance room is now 7*2,5 M. I love creating things, rebuild them, improve them. Not a perfectionist, just love seeing how much better I can rebuild something I made some time ago.

[TaxGuyParticipant]

Buying a stock is an investment, real estate is a job. Your first question to yourself is how much effort you want to put in when you have put that money to work for you. You just want to sit back? Then don’t do real estate. You willing to put some sweat equity in? Then real estate is great.

Order the good wine

[ProjectParticipant 507]

Other people are nuying you a capital asset.

Q. Is a few years of part time work worth a grand a month in your pocket forever?

All the cash in my safe and wallet originate from rent.

All my camping s~~~ and clothes, bought by rent.

Like a feminist plantation of women who will never find a man. They work one week a month for YOU.

THAT IS THE MALE PATRIARCHY RIGHT THERE.

Not really…just motivated men with vision and powerful bodies who take command of their lives.

MAKE MONEY OFF OF FEMINISM.

You go gurl.!$!$

And do treat them well, they stay 6 years on average.

Ps. My lunch was feminist rent funded today. Steak and lobster.

Mg f~~~ing tow!!!

How juicy was that steak and lobster because of that knowledge?

[DorkShitParticipant 4353]

I just fell into it when I relocated for new job. The housing market was down so I rented.

Now, ten years later it is working just as stealthy says.

I even have a single mom renting. And she always pays late.

Like stealthy says her money is the sweetest flavor of all. Every month I look at the deposit in my bank account. Doesn’t get better than that.

Anything breaks and the management company takes care of it.

Peace brothers

[Author]

Posts