Since my mom is on dialysis, to be fair, the proliferation of them is also due to peopleās life long habit of eating poorly and not exercising enough. Have you seen how fat kids are these days? We used to play basketball and softball all the time when we were kids. Today? Not so much. Probably the only glimmer of hope is Steph Curry making kids want to play some hoopā¦
HCN management and others in the space believe that healthcare is steadily moving to lower-cost settings. Care will migrate from high-cost centers (hospitals, long-term and post-acute care facilities and skilled nursing facilities) to lower-cost centers like seniors housing, assisted-living and independent-living, outpatient medical office buildings and even into the home.
If HCN is correct, MPW is not a good long term investment.
I have no interest in owning a lower-quality REIT (referring to SBRA) that is attempting to become a Ventas (VTR) wannabe. I already own a healthy chunk of Ventas stock. I sold CCP because I had no interest in owning shares in Sabra Healthcare (SBRA). I am a large shareholder in Omega.
I own CCP & OHI, it is down 5% (compensated by BA with 16% jump). Next week, Thinking to buy more CCP & OHI. Needs to do further analysis this week and finalize buying next week.
Since the dividends are taxed as income (instead of qualified) I am holding them in retirement account.
Bought 100 OHI yesterday (total 200), bought 100 CCP today, new purchase are held in IRA. Would get rid of the 100 OHI that is held in taxable account, had previously sold 200. Activated DRIP
Too risky to buy n hold rental in SFBA, flipping is ok but Iām not into it, too much work. Elsewhere also become expensive because rich techies are migrating to Seattle, Austin, Denver, ā¦ Retirees are going to Orlando, Las Vegas, ā¦ Seem we are quite close to a meaningful correction, not a pause, have paused for a year during the run to Presidential election, since Nov last year, many assets appreciate a lot.
4-plex. That way you can get conventional financing (30 year fixed FTW) and also have choice on commercial or residential insurance.
If you go greater then 4 units, donāt do anything less then 8. But seriously think if you want more then 12. If you go above 12, I think in CA you need an onsite manager. when you get into commercial, you are on commercial mortgages, commercial insurance, etc. so you want to go a decent number above 4, so that the prices are lower (commercial properties then to be more numbers drive, so lower cost per door then residential properties) and the benefits of commercial residential offset the cons of it.
I agree with @BA_lurker, you probably want to keep it manageable especially if you are doing it on your own without a PM. I own a 4plex and generally speaking I was cash flow positive pretty much from the beginning and I did not buy it with a huge down payment. Sure, that kind of situation may no longer apply in todayās higher priced world but my IRS buddy was surprised when he reviewed my return with it on there for the first full year. Sure, like anything, more tenant parties I suppose there is technically more chance for legal liability as something could happen with any given tenant under your watch. Well, that is why we have a thing called insurance. Not exclusive to only multi units of course is the prospect that if you pay it off that nice sum of monthly income should easily take care of you in retirement as well as your future generations. My dear old Mom is not complaining and her children certainly aināt complaining.