Honest Question about alternative strategies
So with Interests rates this high, Housing prices still high (but cooling off), property taxes increasing to catch up with the sudden spike in values; it appears really difficult to get into new a profitable rental property in today's market (Dallas DFW market). Maybe in a few months or years, things will settle down, but things are very difficult right now.
So why not consider professional syndication investments. 6% CoC ; 2-2.5x multiplier; 20-22% total annualized returns. These results seem like a similar or better outcome than you can get today with a personal investment in a rental property. Plus you would have alot less involvement.
I know there are risks in these investments, but there are also risks in doing your own rental properties.
So if you could take $100K in today's market, would you invest it in another rental property or would you consider an alternative investment?
Please let me know your thoughts! Thank you