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Updated over 5 years ago, 08/27/2019
Lending vs. Investing in Long Distance Rental Properties
I'm new to BiggerPockets and am dipping my toes into real estate. I'm trying to figure out the comparative advantages and disadvantages of real estate lending through a site like RealtyMogul or PatchofLand (others?) versus actually becoming a landlord. I live in NYC so local landlording is out of the question. I have capital available for both options. Mainly I'm interested in the comparative risks, rewards, and headaches.
Any thoughts/advice?