[quote=spdrun]Property in many parts of the country can yield 7%+. Why would you bother unless you were masochistically inclined?[/quote]

I have (a) property that is yielding 7%+ in sd. And other property elsewhere as well and I’m working on more here. Let’s just say, I want to spread the risk.

7-10% (depending on how you count) on a rental also has some simplifying assumptions..it doesn’t account for possible PITA factors. For instance, depending on how one counts, it may or may not include a cushion for turnover or average expected vacancy for a given location, which can very depending on tenant and location.

A few months back I could probably do 6% on a section 8 in MM, because a few folks asked me a few months back. BUT then again you’re kinda stuck in it for a longer time. pus for this first one in San Diego, I kinda want to keep it stupid simple.

but to answer you. If I could consistently get a 7% return on a paper instrument with reasonable risk, I would probably do that more so than doing rental property, a la less PITA factor. People like to advertise they are great guru’s when it comes to paper investing. I’m not. For every 25%+ gain in one “investment” I bank, I probably have a -13-25% one as well. So if I average out in a year better than the markets, I feel I’m already doing alright.