12 replies to this topic

[cycletimer]

CycleTimer and Larry - agree with both.
Zero Debt
Minimum $4K cash flow post tax, preferably from rental income (more solid). Ironically my goal is mid-$4Ks from rental income with trading adding another $1.5K - $2K from trading, post tax.
Yea a good amount of backup in savings definitely. Just not the 30x-40x.
Essentially thats my basic plan, which is in alignment with what is presented by both of you.
I am close. I cannot lose sight of the ultimate goal.

Consider real estate Crowdfunding in lieu of owning property outright and forced to be a landlord:
https://firechecklis...e-crowdfunding/
&
https://firechecklis...unding-part-ii/

[Waver]

Thanks CycleTimer.

 

I currently own a condo and a couple of multi-unit houses with debt almost all gone.  I am looking to buy more real estate but values in my area have sky rocketed (Dallas).  Maybe Real Estate Crowdfunding is another avenue I can take so I can invest beyond my immediate area!  I will definitely look into this one.

 

Thanks again.

[cycletimer]

Thanks CycleTimer.
 
I currently own a condo and a couple of multi-unit houses with debt almost all gone.  I am looking to buy more real estate but values in my area have sky rocketed (Dallas).  Maybe Real Estate Crowdfunding is another avenue I can take so I can invest beyond my immediate area!  I will definitely look into this one.
 
Thanks again.

There’s a Crowdfunding dinner in Dallas next week. PM me and we can discuss further if you’re available. I’m a Texan also and will be attending