Long term advice please!

[John Stamos]

If you were in your 30’s and had a steady cash flow of $200K per year which could be used to buy more real estate- what would your BEST real estate long term strategy be to build generational wealth?

Would you buy a few SFHs every year with 30 yr fixed mortgages (I realize limit can be 10 but assuming can get private loans)? Or would you focus on a large apartment complex buildings? Or invest in self storage facilities? In other words what would be the most ideal thing to do with the $200K being saved every year??

Thanks for any thoughtful advice! I want to be able to look back and say that I’m glad I did the most optimal thing available to me in real estate.

[Jeff Copeland]

Quote from @Nicholas L.:

@John Stamos

I don't see how anyone can answer this for you, since you can be successful in any of those classes.

What are your goals?  How active or passive do you want to be?  How much ownership of the asset do you want?  How much diversification do you want?

@John Stamos nailed it. All of these strategies work (that's why they exist). Figure out what you want to do.

My advice would be the old adage: Don't wait to buy real estate, buy real estate and wait. 

And an important corollary to this is to not get caught up in analysis paralysis.