All Forum Posts by: Account Closed

@Soomin Kim - I think it really depends on your situation.  For example - you may want to hold X% REITs in paper assets.  Or, you can buy a rental with cash that's X% of your portfolio.  Or, you can just not include rental properties in your portfolio, because it's really considered a business.  

@Drew Eldridge - Thank you.  In my hometown of Little Rock, AR.  

ER RN here.  Closing on my first turnkey rental within the next 2-weeks.  

@Soomin Kim - I agree with @Ian Ippolito.  Take a look at your entire portfolio and see how much you want in real estate.  Also, if you currently hold any S&P 500 or total stock market funds, you are already exposed to REITs.  

For example - Vanguard Total Stock Market Index Fund (VTSAX) is made up of ~ 2% REITs.

Short answer.  Yes.  A business can hold paper assets.

One should choose a asset allocation, pick low-cost index funds, stay the course and ignore the noise.  A employee benefit plan is a tool to do just that.  And that is truly passive.

There is more than one road to Dublin.

I have no experience with flipping, but I am in the process of purchasing a rental property in Little Rock, AR.  As you know, NYC is just too expensive.  

@Michael Trinsey - Do you have any other paper assets?  Can you draw from savings?  Do you need this pension?

Not enough info.  

I would not make any quick decisions without a plan.  Keep it in cash until a solid plan is in place.