You got it backward my friend. Stock/investment/daily trading takes up your time.. just as much as 8-5 job unless you are in the hundred millions column. Real estate portfolio is on the opposite side.
Keep in mind, only fix and flip or fix and rent has to do more work after the transaction. Most portfolio buyer does not do anything other than maybe raising ongoing rent rate when the contracts expire. Same goes with franchise portfolio (smaller margin but huge volume such as McD franchisors. In most instance they buy multiple franchises in order to stay out of the day to day operation side)
An example of ongoing deal...
Multifamily Property For Sale
Braveson Manor
1775 & 1225 West 6th Ave, Craig, CO 81625
- Price:$2,400,000
- No. Units:60
- Building Size:52,272 SF
- Price/Unit:$40,000
- Property Type:Multifamily
- Property Sub-type:Garden/Low-Rise
- Property Use Type:Investment
- Commission Split:3%
- Cap Rate:10%
- Occupancy:92%
- Lot Size:2.33 AC
Description
60 Unit Apartment Building in Craig Colorado. Good unit mix.
Craig CO
Financial Summary
- Actual
- Net Operating Income$240,000
So with net operating income of $240k, 30% down - you double your initial investment in 3 years and earn 30% every year not counting the value gain. No brainerNo work needs to be done... part of the cost includes maintenance and property management fee already. Many folks who would rather browse this site or go shooting instead of watching the market find real estate extremely easy, non time consuming, with very minimal risk.