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indes · 06-23-2019, 12:52 AM

I appreciate the advice! I should add that while I have a fairly solid income right now (180-220k/year), I'm skeptical of how long its going to hold up for because its based around oil and gas construction.

A 7-11% return sounds pretty awesome, but the reason I was leaning towards the apartment building is because aside from the 20% I put down it should support itself.

Now, I am definitely not the most financially savvy person around and this is why I'm asking for advice.

Is there some calculators I could check out to see what the difference would be in return on $100,000 between the two options?

Down payment on a $650,000 apartment complex that grosses 72,000/year. We could assume a conservative $50,000 net profit less mortgage payments of 32,000/year. My goal would be to pay down the mortgage as fast as possible and I don't see 10 years as being unfeasible.

Take $100,000 and invest in REITS and assume a 7.5% return?

Again, knowing nothing about investing wouldn't I end up being better off after 10 years having an asset worth $650,000 that generates $50,000 a year that I've invested only $100,000 of initial capital into?

Thanks guys!

06-23-2019, 12:52 AM	#9
indes First Line Centre Join Date: Nov 2010 Location: Sherwood Park, AB Exp:	I appreciate the advice! I should add that while I have a fairly solid income right now (180-220k/year), I'm skeptical of how long its going to hold up for because its based around oil and gas construction. A 7-11% return sounds pretty awesome, but the reason I was leaning towards the apartment building is because aside from the 20% I put down it should support itself. Now, I am definitely not the most financially savvy person around and this is why I'm asking for advice. Is there some calculators I could check out to see what the difference would be in return on $100,000 between the two options? Down payment on a $650,000 apartment complex that grosses 72,000/year. We could assume a conservative $50,000 net profit less mortgage payments of 32,000/year. My goal would be to pay down the mortgage as fast as possible and I don't see 10 years as being unfeasible. Take $100,000 and invest in REITS and assume a 7.5% return? Again, knowing nothing about investing wouldn't I end up being better off after 10 years having an asset worth $650,000 that generates $50,000 a year that I've invested only $100,000 of initial capital into? Thanks guys!