All Forum Posts by: Juan Rango

@Antoine Martel Thanks for the comment but it is not that I have been earning 7-10% on REI. I was citing those numbers of actual zero hassle stock market index funds over 20-30 year periods. I was making the argument that when you factor in up front time invested into learning real estate investing when you aren't making money, taking the time from your main profession during that time and sacrificing potential extra earnings time when you could be working an additional income producing job, time away from family, the hands on committment, that perhaps all of those often unaccounted for aspects that are hard to track make traditional investments especially index funds less work with a similar end asset value. I have zero invested in real estate and I am doing my due diligence in analyzing the numbers factoring all things including up front invested time and lifestyle into the mix.

Thank you for the detailed post @Llewelyn A. . I have done the numbers and it makes REI very attractive in rental properties. Problem is it takes a lot of leg work up front. Hours I could be spending working more in my profession and earning a higher income. I never assume something is going to appreciate because you cannot predict the future and I feel like that is a great way to get burned. Sounds like you made a strong move early on and you are reaping the rewards. Great find and looks like an awesome return on your investment!

Great post @Dave Foster.  I never take one opinion as fact even if it is a FP with 30 years experience.  I trust but verify everything.  I certainly have more of a passion for my patients than I do for real estate.  I am learning as much as I can because I love the idea of owning property as part of my long term strategy to leave behind for my family. 

@Mike H.  I love the post.  Awesome perspective and I appreciate you throwing us a cookie as problem solvers haha!  Poor business people but the potential is there if we spent more time on it!  A lot of leverage means you have negative net worth for a long time potentially.  It also ties up a lot of liquidity you could have to make in other opportunities that come along. There are plus sides and minuses to every investment.  If I could just find a great PM who allowed me to be hands off it would be a done deal.  I think I am still at least a year or two from any deal financially and knowledge wise.  I know some would say analysis paralysis just go out and do it but I've always been timid when it comes to throwing thousands of dollars and my credit score on the line. 

@Steve B. Thats how much time I dedicate right now and I still feel that investing is a lifelong educational process. If you truly are only spending 1 hour a week I feel that there are changes happening in REI that you aren't learning about that could come back to bite you or opportunities you are missing. Information and changes happen so quickly these days no matter what field we are talking about. I challenge that it took you a lot of time prior to this point to be able to sit back and spend 1 hour a week on multiple properties. Just my two cents for what its worth.

Sarah D. see it as a way to diversify a portfolio but certainly is more hands on than most. Also, with potentially higher returns get to retirement earlier so that if I get burned out I can get out earlier.

Thank you all! Craig Bellot Julie Marquez Jay Hinrichs . Great stuff! I'm sure I missed a few people. I love the discussion. I'm committed to investing in real estate just trying to experiment in the best way. Many different perspectives and options for investment. I think it's a great way to diversify and I do enjoy the finance and rehabbing aspects of the business. Rental property for a busy a professional seems like not a great idea. I'll get called enough while I'm at home by the hospital don't know that I want calls about broken toilets on top of that.

@Nick Mauldin certainly took that into account but sometimes the best perspectives come from someone on the outside looking in.  I ran it by him because he not an investor in real estate so he can give an unbiased opinion because he has not had successes or failures in real estate. 

Great perspective @Patrick M. !  These responses are excellent information. Great to be apart of BP with so many different perspectives.  

Great point @Jay Hinrichs !  I'm certainly going to do my due dilligence no matter what the avenue of investment. 

@Keith Weigand Thanks for the detailed post!  We did not talk about the tax benefits but certainly is perk.  It seems like a large number of investors are in rental properties and I was interested for all of the above.  When I broke it down though it can be a lot of work and hassle with or without property management.  I am exploring all avenues for sure.  My FP did bring my excitement level down though haha!

Thanks Megan Clancy !

Mike Dymski It didn't tag you above ^^^