Quote:
Originally Posted by Dave R
Don't forget about real estate. Rental income property is a good thing to have in your portfolio and I wished I'd known how good it is earlier in life.
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I agree--a good part of diversification--but it certainly isn't fast money. The best part is the leverage if you borrow to buy, and (after the mortgage is paid) great cash flow. If I were stating out, I'd make an effort to do commercial instead of residential. Less tenant turnover, no midnight calls.