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Reply to "Stocks, rental property, or upgrade house?"
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[quote=Anonymous][quote=Anonymous]Investing in an appropriately diversified portfolio suitable for your risk tolerance and aligned with your tax situation is going to provide a higher ROI, greater liquidity, and less risk than undiversified real estate. Further, buying rental property is buying a job. If you outsource the management of the rental, your return will be reduced accordingly. [/quote] +1 I would focus on keeping things simple and spend your time doing things that make you happy. Rentals is just not something I would recommend to most people, especially in the current DC area market. If you are handy and willing to accept losses for 10-20 yrs, then maybe it's something worth considering.[/quote]
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