Does anyone here invest in real estate/looking to invest in real estate? How did you get started?

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We own two short term rentals that we manage from 800 miles away. Amassed enough cash for down payment plus 30k extra for furniture, fixes, etc.

I assume you're meaning Air B&B or VRBO?

Definitely looking to

I used to (had four single family homes before I quit) but after realizing that the vast majority of people scrambling to get into real estate barely beat / make even less than a standard return on a REIT ETF or simply lose a lot of money, I mostly got out of real estate and just started amassing typical index funds (including REIT’s) instead.

Happily watching the dumpster fire and stress people have from afar with a few taps on my phone. Some of course make an absolute killing in real estate and that’s great for them, but don’t be fooled. I buy cheap land here and there when my investment portfolio swells enough. Plots in areas like Huntsville, AL and Clarksville, TN have skyrocketed my portfolio over the years unlike traditional real estate.

I think, more than anything else, your post highlights the importance of luck in the real estate market. Places like Huntsville (great city btw), are booming thanks to defense spending, and the LCOL has attracted many people to such places during the Covid relo-boom.

To your point, there are far more stories of people losing or barely breaking even. As in all things, no one hears or cares about them, they only care about that 10x properly flip (that was purely due to luck and timing, as opposed to knowing something that others don’t).

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