Things can be done to substantially mitigate what you may initially perceive as the hassles of buying an apartment or duplex and renting it, such as dealing with tenants, maintenance, getting paid, etc. I bought my first unit 24 years ago and I now own four (6 as of 2022), and it's essentially hassle free, while providing superior income and appreciation. One important caveat is that my positive experience is based on owning investment property in the city where you live, not buying in a distant city and trying to manage it from where you live; anecdotal information suggests that that can be problematic (near the bottom of the main Real Estate page I list a way of investing throughout the United States with an organization, www.roofstock.com, that handles everything for you, but may yield financial results lower than the examples I provide when you do it yourself). Hassle-free Investing in Real Estate?
by Ernesto R. Martin
Although I'm an advocate, I will try to be neutral. It's not the kind of thing where you buy and forget, and it's not as liquid an investment as stocks or bonds, but it can be the superior investment. It helps if you know a bit on the subject, but it's easy to get the guidance you need. We'll cover more of this later.
