So..landlords..worth it?

munchkin
Wed, 13 Feb 2013 10:36:43 +0000

vicariousparent:

Instead of owning rental property that is managed by others, how about owning shares in a REIT?



I will look into it eventually. Right now the % of our assets involved in the real estate sector is way too high.

If there are no hiccups and the transaction complete as scheduled. we would have an annual appreciation of about 4.7% on the initial purchase price. The house generates income of slightly more than 4% annually. In addition, the initial investment was leveraged, I think we put about 30% down initially.

I never had the stock market give me that kind of return over the years. I am more apt to lose my shirt.