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re: What to do with cash right now?

Posted on 5/15/21 at 10:47 am to
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3472 posts
Posted on 5/15/21 at 10:47 am to
I am buying property out west of Houston with water frontage and putting short term AirBnB cabins on it. It's within an hour of Houston, so I figure I can keep them rented pretty well, and with 5 cabins they only need to average renting 5 days a month for me to be at break even, and at 50% I am making a really nice return. As Houston moves further west and inflation kicks in, that property value will only go up.
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