All Forum Posts by: David Yee

Hello,

I'd like to start investing in real estate within the next year. I don't have much cash on hand because every month I put money away into index funds and only keep enough in savings to cover about 3 months worth of living expenses. Should I start putting away cash in my savings account now and stop putting money in the stock market so I'll have the cash readily available for a down payment? How far in advance of my down payment should I have the cash on hand? I'm not sure of the correct strategy because the stock market could be way down when I want to invest in real estate which would make selling my stocks less than ideal.

Thank you!

 That's a good point. I'll make sure to alot time to handle it :)

 That's a good point. I'll explore the 4 dimensions in greater detail. thank you!

 Thanks! I have read that book. I guess I thought stocks were an asset as well because they could be sold or produce dividends. The dividends are probably small though compared to RE

 Thank you. I'll investigate this. So far I've only invested in index funds for the past decade or so without selling any of it so I'm a bit of a newbie when it comes to taxes

 Thank you Joe. I'm really interested in your point regarding using the same money to buy an infinite number of deals. If you have any good references regarding this I'd love for you to share them. I'll start researching this!

Hello,

I am just starting my real estate journey by reading various books on the topic. Why is it that passive income is touted as such a major benefit of owning rental property? It seems that the same profit could be realized by purchasing and selling stocks each year. 

Thank you for your insights!