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Vacation rental property vs. apartment complex

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  • Vacation rental property vs. apartment complex

    Hi,

    My wife and I are looking to diversify and looking to invest in either a vacation rental property (Florida or Colorado ski town) or an apartment complex.

    They are obviously very different with different pros/cons.

    To buy an apartment complex/multi family home (greater than 8 units) if would have to be cash flow positive. The vacation rental the thought would be to rent it out and have it cover it’s cost. Use it 1-3x a year, but mainly buy it for its appreciation value over time.

    Any thoughts on this?

    Thanks

  • #2
    One is an investment and one is a hope.
    Might consider that.

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    • #3
      Originally posted by Tim View Post
      One is an investment and one is a hope.
      Might consider that.
      I assume you mean the apartment complex is the investment?

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      • #4
        If you're buying real estate for the appreciation prospect you'd be better off throwing your money in a total market fund and then doing nothing.

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        • #5
          Originally posted by ndoman87 View Post

          I assume you mean the apartment complex is the investment?
          No offense intended. I will defer to your judgement. Intentionally vague. My personal preference is all investments (after tax) are cash flow positive.

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