All Forum Posts by: Rob W.

@Thomas S. Well I meant 8% rental return; there is also (hopefully) appreciation over 10 years, the ability to borrow against the equity in the homes, etc which seems to make owning homes for cash and renting them a better opportunity. Or do I just have rose-colored glasses? I felt like I should stay out of the stock market (REITs, funds included) because everything seems oversold lately.

I also thought I was being realistic at 8% returns for real estate.. are goals of 10-15% return on equity for real estate investing more realistic (even given extra work)?

Hey everyone, first time here. I'd like to start investing but not sure where is the balance of safety/ROI for me. I am looking to purchase a single family home (apartment or stand-alone) to rent out. Not sure if it's best to consider long-term rentals or vacation rentals.

Where do you think is the best place to look on the east coast? I want something which would appreciate over time (of course), but honestly I'm more concerned with net income from renting it. My goals are around 8% net. For example, I could get a studio apartment condo in Manhattan (with high maintenance, taxes, etc) which would rent out for high $$, or a beautiful pool home in Sarasota or Orlando FL which I could rent out by the week (or, indeed by the month too!). Or anywhere in between. Anyone have thoughts/experience on this? Looking to be "hands off" and only considering east coast properties now.