It definitely depends on the market- LV, Austin, the sunbelt region as a whole, I agree. NE, parts of the west coast/ midwest I think have a good chance at outperforming inflation. A diversified real estate portfolio actually several regions/states is still a solid inflation hedge in my opinion
@TheREDevGUY This obviously is very circumstantial but for me- I’d want to split between B&C
If I can’t split I’d probably choose B at this point with already having rentals
The 6 levels of wealth (net worth):
Level 1: > $10k
Level 2: $10k - $100k
Level 3: $100k - $1M
Level 4: $1M - S10M
Level 5: $10M - $100M
Level 6: $100M +
Where are you at and where are you going?
I’d rather have $2M in paid off rental properties than $2M in dividend stocks
The cash yeild on the rentals alone puts it above dividend stocks & then add on top all the other RE benefits
7 financial goals to hit before 30:
1. Reach 100k total invested
2. Invest >15% of pretax income
3. Max out Roth IRA each year
4. Have a clear asset allocation plan
5. Eliminate all high-interest debt
6. Establish a second income stream
7. Build a 3-month emergency fund