200k a year to invest in properties

[Zee Meer]

Hey guys im brand new here, and fairly new to real estate. If I had 200k a year in cash to invest in properties what kind of property should I buy? Should I invest my money in single family homes, duplexes, apartment buildings? My goal is to be financially free and not have to worry about money. I also dont want to take any loans at all. Any help is appreciated and I am just trying to learn the basics.

[Eric Tait]

@Bill Gulley

Mr. Gulley,

I was responding to a post about Medical Centers by Joe Fairless,

since many medical centers do sale lease backs of their buildings to large publicly traded REIT's, Medical Properties Trust being the big player in the industry.

So that would leave an investor with 200K looking at much smaller (non-medical center) type properties in the medical world to invest in.

As for this -

"Where did this stuff come from? And, you advise banks and of that? I'd say they've been doing that before you were born. I'm in a regional medical center area, hospitals are doing fine, I think the doctors here are still eating well, one was last night at the club, I didn't hear him choking. Just saying.....gosh!

Sounds like you think the OP must be a Doc and attempting to find his pockets, LOL. What if he owns a fleet of garbage trucks? Really.... :)"

I actually don't really understand what you were trying to say here.

To give you some background so that we are all on the same page.

I am a practicing physician with an MBA in Healthcare management, I am a partner in the largest physician owned (minority stake) hospital in the country, I also am president of an independent practice association that has an equity partnership with a publicly traded medicare advantage insurance company.

I was relaying a conversation that I had with a regional V.P. at BBVA Compass bank where he asked me about the coming changes in Healthcare ( about 3 years ago before Obamacare was passed). The bank was looking to expand their medical portfolio and were looking to build out MOB's for INDIVIDUAL physicians, allowing the physicians to sign notes using their professional corporations as the guarantor.

So that is where my comment came from, as someone who is intimately connected with the Healthcare industry from the facility, insurance, and provider side of the equation.