Manhattan Rental Headaches Taught Me This 11.9% Income Trick
Michael Foster, Investment StrategistUpdated: September 8, 2025
If anything taught me that buying real estate through stocks—or better yet high-yielding closed-end funds (CEFs)—is way better than brick-and-mortar, it was my experience renting my Manhattan apartment on Airbnb (ABNB).
If you’re reading this, you might feel the same way. Maybe you’ve had the same experience as the one I’m about to share.
It was about a decade ago, and it was, in short, a nightmare. It seemed like every time I turned around, there was a complaint that the place was too small, or someone had posted a bad review. Or I was staring down a pile of clean-up in the wake of careless renters.… Read more