All Forum Posts by: Charlie Moore

As with any passive investment, you're typically giving up control and higher ROI, in return for diversification and passivity.

I prefer the higher risk, greater reward of syndications, but those certainly have their drawbacks as well.

I got burned buying REITs back in 2006, so given where we are in the market cycle, I'm personally not a fan.

All that said, I am in favor of diversifying whatever your real estate strategy. 

I have personally lived in houses with gravel and crushed granite driveways.  When considering these surfaces, know that the rock can get stuck in the treads of shoes easily and they will destroy vinyl and wood flooring.  Carpet gets it dirty from it, the gray dust works into it.  Tile seemed to hold up ok.  

If you are in an area where folks wear smooth soled boots and dress shoes ok, but if its a sneakers type of an area, look at your floors carefully.

I do not think it added anything to the house's value wise. Where I live now the POA required it for where I park my boat trailer. But I have blacktop around that area in the pathway to the front door to avoid ruining the hardwood floors. The gravel has to have more added every 4 years or so. Mine is not even driven on much, maybe 4-8 times a year moving the boat seasonally and to service it, but the rain and snow do take their toll on the surface.