Liar Loan
Well-known member
I'm doing stocks and bonds.
Another alternative if you want to stay in RE is to go out of state to a market that is less prone to crashing, doing a 1031 exchange to avoid capital gains. I personally don't want the hassle of managing out of state property right now, but this is what many Californians are doing.
I may also get involved with partnering in some flips. I have a couple contacts that are flipping full time, and are looking for partners, particularly those with capital. I need to determine if I have the bandwidth to do this though.. There are also the crowdfunding sites and syndicated deals that allow you to participate in commercial property deals. This is something I may look into more closely again.
Still, I like the liquidity and ease of investing in stocks and bonds, so those other opportunities need to pay a high enough return to make it worth taking on the more labor intensive opportunities... and anything I do is with an eye for the risk involved, especially at this point in the RE/business cycle.
Another alternative if you want to stay in RE is to go out of state to a market that is less prone to crashing, doing a 1031 exchange to avoid capital gains. I personally don't want the hassle of managing out of state property right now, but this is what many Californians are doing.
I may also get involved with partnering in some flips. I have a couple contacts that are flipping full time, and are looking for partners, particularly those with capital. I need to determine if I have the bandwidth to do this though.. There are also the crowdfunding sites and syndicated deals that allow you to participate in commercial property deals. This is something I may look into more closely again.
Still, I like the liquidity and ease of investing in stocks and bonds, so those other opportunities need to pay a high enough return to make it worth taking on the more labor intensive opportunities... and anything I do is with an eye for the risk involved, especially at this point in the RE/business cycle.