I'm trying to figure out what percentage of a balanced investment portfolio should go towards rental real estate, but I'm having a hard time finding reliable sources of advice on this question.
I have a friend who invests in rental real estate, and he says he can give me a guaranteed 10% ROI if I invest $10,000+ with him, or 15% if I invest $100,000+. From looking around online this does indeed appear reasonable - rental real estate often gives much higher returns than this, so it sounds reasonable that he can guarantee a lower rate and then either pocket the remainder (his reward) or pay up the difference out of pocket (his risk). So it sounds like a pretty decent investment as far as I can tell.
But I don't want to put all my financial eggs in one investment basket - I'm not an expert, but I've always heard that diversification and a "balanced portfolio" are the names of the game. My question is approximately what percentage of my assets should I put into rental property investments like this vs. e.g. a Vanguard targeted retirement fund. As I said, I'm having trouble finding reliable sources of advice on this question.
Anybody here know anything on this subject? Anybody know somewhere I could go to find accurate, reliable, and unbiased advice?
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So there are some relationships where you gain emotional energy from the time you spent with the person? This is different from basic extroversion 'recharging'?
I am very glad I asked this question because I did not realize that was even an option. Thank you very much!
Yes, that is normal in healthy relationships. You should gain emotional energy and emotional stability from them. My girlfriend and I are both introverts, but we can spend hours together with no problem, while if we spend the same amount of time with other people we are very drained. We still do need alone time, but it's not the same as spending the time with other people, even close friends.