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[quote=Anonymous][quote=Anonymous]About 60%. I own 3 houses. 2 are rentals and are paid off. The third is my residence that still has a mortgage. [/quote]

Your rentals are part of your overall investment portfolio.  OP situation is different, she is talking about homes she is occupying, e.g. primary residence and wanting to add a vacation home partially rented.  Partially rented means that it may or may not pay for itself but it’s unlikely to be income generating, e.g. producing surplus.  All RE technically can be an investment because it can be sold, even your homes(s).  DCUM frowns upon RE as a legitimate investment like stocks, crypto, gold, etc, but it is, just not as liquid.  The only big difference with RE is that you do need a place to live and RE investors tend to own at least one home they occupy (you have to occupy something, whether a rental or your own home).  So, RE cannot be just investment because some portion of RE portfolio (if you look at it as a portfolio) has to be allocated to personal use.

OP’s question is not clear, because it’s better to distinguish investment RE from RE for personal use, because the point of this is to see how hard your money is working for you.  If more of your NW is allocated to income producing assets then you are better off financially.  Lower income people and middle class has more NW allocated to housing because housing is just too $$$ compared to what people earn and have been able to save.

What percent of your investment portfolio is investment RE would be a better question.  Or what percent is your home(s) compared to your overall NW would be more specific.  [/quote]

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