What to do in my situation?

[Jeffrey Kay]

Hi there,

I live in Vancouver Canada and am trying to figure out whether I should be investing in real estate. I currently have around 95,000 USD in cash savings, earning 2-3% in a HISA. I am 23, and am going back to school for a second degree in computer science. I previously completed a business degree. All the money I've saved has come from my side business, which I am currently running as well but the income is inconsistent. I have 0 credit card + student debt, and live with my parents. My cost of living is exceptionally low at this point; my tuition is covered by grants and I'd like to think myself as fairly fiscally prudent.

Since I do not have much time to 'manage' properties, is there anything in between managing your own property and putting your money into stock/bonds which might earn 5-15%? I like real estate because of the leverage but given my situation no lenders would give me money. As well, I am wondering if going to the US to invest is a better idea because where I live a three bed townhouse is around a million bucks which is on the low side in Vancouver, and there are so many places that are comparatively cheaper. Thanks! I was also reading about the Fourplex FIG group in UT and TX and the cash on cash returns are 4%? That's like nothing.