If you’ve read any of my writing, you know that I love real estate as an asset class. Generally speaking it is:
- Easy to understand
- Stable and predictable
- Inflation protected
- Able to provide outsized returns through both yield and appreciation
All attributes I look for in my passive income investments. I recommend allocating a good share of your assets to real estate, to both balance your portfolio and reach Ramen Retirement sooner:
But if you’ve never invested in real estate, how do you get started? The world of investment real estate is vast. There are a seemingly endless array of options you can choose from. There’s also a lot of noise created by the Financial Industrial Complex, who want to steer you back into the publicly traded assets they can profit from. It can be both confusing and overwhelming for someone new to the game. The following guides and links will walk you through the world of real estate, helping you to make your first move and take action!
- Read these guides to help make your first investment:
- Read up on these topics to better understand the broader real estate game:
- The real estate cycle – see diagrams here: 2018 Viewpoint National Multifamily
- Key players in the real estate game
- The guide to financing real estate investments
- Turnkey or direct investment?
- Should you try to identify ’emerging markets’?
- Check out these other resources if you want to dig deeper:
- IRR Research including the 2018 Viewpoint National Multifamily
- Freddie Mac is a lender, but they provide some good information, including their 2018 multifamily outlook
- Housing Trillemma sheet created by this Oregon economist
- US Census building permits survey
- Zillow Research – a wealth of housing and rental data
- Market information from the National Association of Home Builders (requires membership fee in the ~$1K range – here’s a sample of what that provides)
As a final thought, if you have questions you don’t find answered here, or just can’t figure out what the right next step is, drop me a line at firstname.lastname@example.org, and we can discuss your situation and options. I’m not a financial advisor, I’m just someone with experience worth sharing, who will tell it as I see it. Too many people out there have an agenda or are trying to sell something – all I’m offering is some advice on what has worked for me.
Get started today. Your future self and your descendants will thank you!
Useful references & resources: