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Originally Posted by Phanuthier
Curious, what are your thoughts about rentals vs a REIT? Obviously you aren't paying an upper management, and you are better leveraged off a mortgage, but its less dirty work and better diversified.
I've been wanting to do the calculation myself to see the advantages vs disadvantages... curious about thoughts of those that may have don't.
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You'd have to find a REIT you really trust. Around the time I bought my place, there were lots of horror stories about REITs going bankrupt or being ponzy schemes.
The advantage would be that you potentially have experts making more cash by buying and selling properties and no personal maintenance.
My route, for me, was more stable long term. It, however, also relies on long term increases in property value. I bought an older condo in downtown Vancouver during a market dip.