Looking to start my RE Journey...

[Armand P.]

Hello BP,

Which of the following is better investment play for first-time investor based on current market conditions and that cashflows (8-12+%) per year?

1) Turn-key properties including new builds

2) Multi Family

3) Self Storage

4) NNN properties

Thanks,

Armand

[Armand P.]

@Doug Spence. Thanks for your response. My time horizon is long-term (5-10 years). I have access to capital and my risk tolerance is somewhat neutral. Ideally would like to find something in California, but realistically for the type of returns I'd expect it would need to be out of state. I'm leaning towards turnkey as a more hand-off approach since I do work full-time. However, goal is to transition and focus more on real estate.