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Reply to "Why do people have investment properties over stocks?"
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[quote=Anonymous]I inherited multiple rental properties and did the same math as OP & sold them. The only way real estate makes sense as investment is to be heavily leveraged at a low interest rate in a rapidly appreciating market (good luck finding that right now). Not to mention have the time to mess with managing them. On top of which, people are about to find out how illiquid real estate can be. As someone else pointed out, I live in an expensive home that gives me plenty of exposure to real estate as an asset class. If you want more, buy a REIT and let a professional deal with the hassle. [/quote]
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