[rbg81]

You can see it, touch it...sometimes I have to fix it but by God it never vanishes overnight.

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You have to fix it, insure it, pay taxes on it, keep it warm enough so the pipes don’t freeze, etc. You also have to evict deadbeat tenants when they don’t pay.

I have dabbled in RE and it’s a pain in the butt. It kept me up at night far more than most investments.

Over my lifetime, I have had one really large RE windfall, two modest profits, two break evens, and two losses. The windfall was great, but also kind of dumb luck. Due to a transfer, I brought at the right place at exactly the right time. In hindsight, the best place to buy LE ever was CA in the post war era. Sadly, I did not live there.

My favorite investments have been some good performing no load mutual funds (Fidelity and Janus are my faves) and a few good dividend paying stocks. I love watching my qualified dividends rolling in.

[Buttons12]

You have to fix it, insure it, pay taxes on it, keep it warm enough so the pipes don’t freeze, etc. You also have to evict deadbeat tenants when they don’t pay.

Whoa nelly. The idea of flipping is to buy cheap and sell fast. Before the taxes come due or winter arrives. And I never put tenants in the houses. I don't do extreme sports and if I did I'd start with jumping from planes. Gravity is friendlier than the average tenant.