Looking at return on investment and cash flow of the property itself.

Section 721 of the Internal Revenue code allows an investor to exchange property held for investment or business purposes for shares in a Real Estate Investment Trust (REIT) or an Operating Partnership without triggering a taxable event.Many investors are aware of a 1031 Exchange where an investor must find a replacement property to defer capital gains taxes on the property that was sold.

Your best investment is in yourself.Consider going to college or learning a trade.Use the funds to invest in something that does not require much time so you can focus on learning.If you do decide to get into real estate, you may want to consider doing a house-hack.It will give you a place to live(potentially saving you a few hundred dollars from paying rent and also giving you training wheels for being a landlord).

Investment Info:Single-family residence hard money loan investment.

Reduce local building expenses, fees, encourage investments where people want to be.

@Justin Hales If your rental has appreciated, selling could provide capital for new investments, but factor in transaction costs and taxes.

I still invest heavily in Philadelphia but only in A and B locations.

Investment Info:Single-family residence fix & flip investment.

Investment Info:Large multi-family (5+ units) commercial investment investment.

This typically looks like 2 weeks of work before sending our first invoice with proof of work that was completed.