Expert, localized Los Angeles answers provided by Heather Roy

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How to Invest

  Which would be a better way to invest. Funds with yeilds of approx 7% or buying rental property?
 
  As so often, the answer is "it all depends."  For starters, with mutual funds you just buy, hold, sell.  With rental property you do a lot of work.  And you need to buy right, learn how to be a landlord, fix faucet washers, choose tenants carefully, keep accurate books, involve an accountant and a lawyer. 
Sounds to me as if you might be better off with funds.
    Edith
Originally published on October 10, 2007
 
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