Newbie looking to diversify from stocks

[Manuel Zepeda]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Cary.

Purchase price: $500,000
Cash invested: $100,000

I'm a newbie looking to diversify my portfolio. I'm too heavily skewed in stocks. I haven't targeted a specific property but am focused on multi-family homes in my area. Many years ago I did get a real estate license in Texas but moved to North Carolina following a cool job opportunity at the time and never did meaningfully put the license to use. I still consider myself a newbie since I don't yet have an real estate investment property. I'm looking to fix that soon.

What made you interested in investing in this type of deal?

Diversification of portfolio.