Industrial might be easier than residential real estate

[Laura DelGuidice]

A friend just purchased an acre of industrial land and rented it out for ten grand a month. The purchase price was $750,000. The tenants are all tractors and initial expense was to black-top, secure property with fencing, and eventually install security cameras. It seems easier to eventually cash-flow in the future, as opposed to buying nine properties and dealing with the headaches and outrageous taxes in NJ. Any thoughts or opinions appreciated.