40 plus owns one house , rented second one and saving account 150k cash, maxed out 401k and 50k in stocks should I buy another investment property or put in stocks to diversify

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Where are these houses and how much revenue will they generate ?

Current rental house I am saving 300 per month after all expenses in very good neighborhood so appreciation is great. But I am not able to find similar house so if even I buy second investment home I might not get any monthly income out of it but I don’t need money for next year 10 years or plus so I am not worried for short term gains as it’s difficult in Austin given current market situation

Maybe do some more research on investment properties before you make your decisions. You need to understand how to analyze your property to understand if it's a bad/good/great deal. If you're not making any profit on it, it's most likely a horrendous deal. I can't speak to the $300/mo without know all the details (purchase price, interest rate, taxes, cash down, neighborhood, etc)

I've been doing a lot of research my self. I've started so far with biggerpockets.com and talked with my realtor who also buys rental properties. The analysis is key, key, key.

It’s not only like that in Austin lol

I would find a house to possibly flip or purchase a rental.

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