How much money is required to make money in property at the moment?

[Aardvark]

Hi there,

My wife and I are new to MMM and FIRE. We are sitting on way too much cash (about $80k), and with the stock market so high we are hesitant to push our cash in there at the moment (even into low cost index funds).

We are considering buying property as an investment, but we are pretty terrified of this options because:
-We know absolutely nothing about how to make money with property.
-The property market seems pretty hot right now
-We don't know where we are going to be based, and managing a property remotely seems like a lot of effort...?

Any insights, and especially resources with which to educate ourselves, would be very much appreciated!

[SwordGuy]

I suggest you read the sticky thread in this sub-forum and go thru the resources it lists in it.  Read and watch those resources.
Then you'll have enough knowledge to ask more specific questions on points that are unclear.

[waltworks]

There is no low hanging fruit in RE, stocks, or anywhere else right now.

Personally I'd just stick the money into your usual investment accounts, keeping in mind what 30-years-in-the-future you thinks.

-W

[clarkfan1979]

I agree that there is currently no low hanging fruit in RE right now. However, if you are willing to work hard on improving a property, there is always opportunity. Buy a foreclosure, fix it up and rent it out.

Low interest rates on mortgages right now favors long term buy and hold.