We own a couple single family rental properties in SL county, and are trying to buy another one. For the life of me, I can’t find anything that will cash flow and provide a CoC return anywhere near 7%.
Anyone bought real estate lately that is actually cash flowing without more than 20% down (I prefer to put 15% down).
Not much of a real estate guy myself. Honestly, I don’t like to work that hard and I know I wouldn’t want to worry about the repairs, yadda yadda yadda. I’m just too lazy for that.
My long term “safe” money has been killing it in S&P 500 ETFs buying on the dips the last couple years. My more volatile cash has stayed in some value buys that I like and had relative shelter.
That’s interesting, I’ll have to keep that in mind because it’s also around when it’s a good time to rebalance investment portfolios in general (end of the year).