Which would you do?

[Anonymous]

You have 10 million dollars

1. Buy 5 houses worth 2 million dollars each for investment

2. Buy 10 houses worth around 1 million dollars each for investment

Updates

1 y

With option 2 it would probably be easier to sell after one, two or three decades

Updates

1 y

Other people can rent out the homes you own so you can make passive money. That passive money can help with maintain and also help build your saving accounts

[MannMitAntworten]

Those who can afford the rental cost of a million dollar home do not rent. They own. Better approach would be to buy an apartment complex or several homes in the sub-500k market if in a more expensive area. If not, sub-250k to 160k bracket might give you a better return on investment. If it were me, I would forego residential property and do commercial property instead.

[ibodi]

I would not invest in houses anymore just for living by myself.

because there are hideen cost and it is trouble

[wynning]

10 houses easily. Even if I had more expenses and costs and headaches overall, I'd be raking it in here.

[wynn-ing]

I think you'd be wanted for murder by your tenants at that point ngl

[wynning]

@wynn-ing they can get rear ended by this motq! can't be cracking that rep otherwise yk

[Shiprex]

2. The income from 10 of those places would be higher than the income from the expensive ones.

[Shiprex]

Update reinforces this choice

[Staximus]

If you buy 10 houses worth a million each, the maintenance and monthly utilities is going to be twice as much money as the 5 houses for 2 million each

[slatyb]

Neither. Ten million is plenty to retire on. Why would I want the hassle of property management?

[Anonymous]

One place in a high market area like London, advertise it privately to film studios etc. because they'll rent it for a month or three at £50k a month

[DrPepper12]

10 houses at a mil