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Updated over 2 years ago on . Most recent reply

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Chimi Sakamoto
  • Investor
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Are there any good investment projects here

Chimi Sakamoto
  • Investor
Posted

My friend recommended me to invest in restaurants and stores in San Diego, do you have any friends in San Diego? I would like to consult, thanks!

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Greg Scott
  • Rental Property Investor
  • SE Michigan
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Greg Scott
  • Rental Property Investor
  • SE Michigan
Replied

Restaurants have one of the highest failure rates in business, unless you are getting into a well-established franchise, like McDonalds.

Boutique retail is also a sector with a very high failure rate.

I'd ask your friend why they recommend those!  Rental real estate, for example, has a very low failure rate and has numerous other benefits.

  • Greg Scott
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