- Direct ownership - I am the only owner.
- Partnership - I am a partner in a general partnership
- Public REIT - I am the owner of publicly traded stock.
Based on my experience, going forward, I will only invest in public REITs. I am currently trying to sell the investment land that I directly own. I'm learning that a real estate partnership has lots of complexities, with which I don't won't to deal with as I get older.
There's a 5% chance that I will sell the land this year. It is under contract, but the Buyer has enough contingencies to exit the deal. The general partnership is doing well, except for 60% of the partners have no interest in participating in the business operations.
I've been lucky for all the real estate investments, since all are profitable. However, I want to simply our investments as I get older, so I will be sticking with REITs and trying to exit from the rest.
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This is not financial advice. Please consult a professional advisor.
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