I have been researching eREITS. What are your thoughts?

I have been researching eREITS. What are your thoughts?

Accountant · Orcutt, CA (93455) · Member since 2019 · 58 posts · 21 votes

Being new to this whole REI world. Is this a good vehicle to start off with and get feet wet, or, should I just go in to actual tangible RE? A lot of information out there.

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  • Specialist · Paradise Valley, AZ · Member since 2018 · 3k+ posts · 2k+ votes
    6y
    Originally posted by @Rohme Williams:

    Being new to this whole REI world. Is this a good vehicle to start off with and get feet wet, or, should I just go in to actual tangible RE? A lot of information out there.

     I wouldn't get involved in a product like that for several reasons but especially don't if you don't understand them. Stick to something you understand, do a Turnkey in Arizona (they don't cash flow in California) something like this:

    Average Turnkey Cash Flow Per Door In Phoenix Metro Area No Bank Financing Needed

    https://www.biggerpockets.com/forums/600/topics/584916-average-cash-flow-per-door-in-phoenix-metro-area

    DSICLAIMER: I sell Turnkeys in Arizona and Texas

  • Accountant · Orcutt, CA (93455) · Member since 2019 · 58 posts · 21 votes
    6y

    @Mike M. very interesting link. I am understanding the basics, however, still trying to decipher the lingo and the actions. Thank you very much, I appreciate it.

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