Quote:
Originally posted by sebastian_dangerfield
FWIW, this is what I've seen:
Guys who flip land do well with least annoyance, but its tricky, because you need to cover carrying costs with no cash flow from the property.
Guys who put up cheap boxes (Wal Marts, drug store chains - nice, fat long term leases) do well. A Rite Aid can be a fucking sweet cash machine.
Mini mall guys have problems (shit tenants, lousy leases).
Residential development is a pain unless you're just flipping lots. Don't get into building homes. That shit can become a nightmare.
YMMV
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Why aren't you doing any of the lucrative ones so that you can leave the profession you hate so much?
