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Originally Posted by SleazyDream
everyone tells me to buy condos and houses.
fuck that.
i hate doing what everyone else does. never made any money doing what everyone else does
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You can't go wrong with land as they can't make any more of it, so if you know your location and know how it's growing then land can be a nice bet.
However have you ever thought of buying the houses and condos and just letting a real estate company take care of managing the proprieties?
I'm looking to buy some duplexes in Texas because the areas I've researched have a very good house price to rental income percentage. I'm looking to just pay a real estate company to take care of dealing with the renters and I'll just be around to take care of any major issues just so I don't get hosed by someone trying to rip me off.