Given your high net worth, you can afford to take some risks for potentially higher returns.Real Estate: 20-30%Real estate can provide steady income and potential appreciation.

However, you might want to consider diversifying by looking at markets outside of New York that have strong growth potential but are still affordable—places like Indianapolis come to mind, where I’m currently focusing on new build duplexes with strong rental returns.Suburban vs.

A lot of investors based in markets like California and New York are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

The state’s housing is also ranked as the fourth most affordable in the country.Alabama currently has the second-lowest average property tax rate in the country at 0.4%, which helps investors keep more of the money they earn.

RE in all its facets has always interested me so that is a large portion of our investment strategy although we have others. 

And it's in high demand everywhere due to high inflation and people not being able to afford housing these days.

With your skills and background I would guess you would be best utilized with a larger organization that has the deal volume to afford to pay you full time.

Glad you're looking into OOS in more affordable markets.

As most of you probably know, real estate is not exactly affordable in Colorado.

There's no guarantee of anything in the STR investing world, and I do think cities are legally allowed to switch their laws, so as soon as I say it's super unlikely to happen, that thing will then happen.But again, not even the most liberal, affordable-housing-starved, anti-STR city in Colorado has changed their laws and not allowed those who were operating under a legal short-term rental license to continue.Your point is well taken though.