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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No. I buy real estate to enjoy NOW. I buy stocks for long-term wealth. Stocks don't need maintenance, repairs, and property managers. I will never invest in real estate. Too much trouble (my MIL and BILs all did this for many years). [/quote]

This is truly the best answer.

95% of the times, homes are horrible investments. People only think they are good because they live in them for so long.

If I bought my home for $200k in 1985 and it's now worth 1.5M that sounds great but its only 5.44% BEFORE taxes, insurance, interest.

1/2 of the S&P 500.[/quote]

Yeah, but here’s the thing 96% of the statistics you see on message boards are total bullshit.[/quote]

Ah, it's bullshit guy again. It's sad when all you can retort is a swear word. We know you're salty you didn't invest in the stock market and now feel the need to dump on all posters who do. Too bad for you.
[/quote]

So many stupid f’ing posts here that don’t understand the advantages of real estate investing.  Investing with leverage and vastly reduced risk vs stock market.  Not as liquid, but also generates income and tax advantages.

For anyone looking to invest in real state, it’s not going to be either financial markets or real estate, it’s about diversification, tax efficiency, estate planning, cash flow, etc.

And, if you think you have a leg up on me by putting a mortgage payments worth of cash into your stock picks or an index fund every month, you’re fantasizing.

And if you truly think “95%” of real estate are terrible investments - that’s laughable.  You realize people buy CDs at low single digits too, right?

The anti-real estate crew have a sophomoric understanding of investing.  [/quote]

I am an owner of a $6B RIA. I know a bit about investing. Sure there are advantages but I see hundreds of portfolios every year and about 95% of the time, their real estate investments do not provide the type of return they expect when you factor in all the costs, upkeep, hassle, lack of liquidity. I would never own a rental property in my life. Not worth it; particularly in DC.

Sure it can diversify your portfolio but it's laughable that you think real estate is the end all be all.

Also, the vast majority of the 2nd gen (aka those inheriting) do NOT want anything to do with inherited property. Most HNW investors we see want to reduce their real estate exposure prior to retirement or passing.

I will take liquidity any day of the week.

Oh and re tax benefits...I put over $300k+ a year into a cash balance plan/401k. It saves me over $150k a year in taxes. I like that.[/quote]

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