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Re:Good investment for a tech guy? by ecq on Sunday October 25, 2009 @03:29PM (#902003)
1) pay off your debt 2) buy a 2 - 4 unit apt. live in 1 unit. rent out the rest. 3) invest in your self (certification/training/mba/etc)
Re:Good investment for a tech guy? by landlord on Sunday October 25, 2009 @05:29PM (#902175)
Thanks for yours and all the other advice given here.

I guess I should have clarified that I am not currently living in the US. I don't have debt and education is free in my country, but unfortunately I'm more into creating web stuff than studying, although I am (very very) slowly getting my masters. Buying a place for my own use doesn't really apply, because it is very likely I will move to another country soon.

I noticed there are some nice companies out there holding properties and paying dividends every quarter, for example ADC, GTY and PEI. Can't think of any reason why I would buy an apartment to rent out instead of just buying stock in these companies, considering they seem to be getting better bang for buck for their real estate than I could. Would be nice to find something like this not tied to USD though.

Re:Good investment for a tech guy? by landlord on Sunday October 25, 2009 @11:57PM (#902604)
Found non-US real-estate companies. In Nordic stocks, I found Wihlborgs, Klövern and Citycon that each have yield of over 6%. I now feel I will invest in a mix of these instead of buying a single property myself.
Re:Good investment for a tech guy? by Huppie on Monday October 26, 2009 @01:36PM (#903674)
It's still a lot safer to diversify and not just buy stocks in real estate in your country. Better to diversify it at least a bit by splitting the money e.g. 50% Nordic Real estate 25% European Real estate index 25% US Real estate index (E.g. Vanguards' REIT Index VGSIX)

Ps. I am not living in the US either.