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Updated almost 11 years ago on . Most recent reply

User Stats

36
Posts
8
Votes
Patricia Velez
  • Virtual Assistant
  • South Lake Tahoe, CA
8
Votes |
36
Posts

Stuck!

Patricia Velez
  • Virtual Assistant
  • South Lake Tahoe, CA
Posted

My husband and I are hungry to jump in the world of REI. We've been learning via books, seminars, REI classs, etc.

We have between the both of us, student loans totaling $120K, and no extra income.

Where do we start? How do we start, OR do we even start at all right now?

Thanks in advance!

Most Popular Reply

User Stats

607
Posts
250
Votes
Annette Hibbler
  • Real Estate Consultant
  • Brighton, MI
250
Votes |
607
Posts
Annette Hibbler
  • Real Estate Consultant
  • Brighton, MI
Replied

Converting my traditional IRA into a self-directed one was a huge bonus. Using those funds alone I am able to invest in real estate on many different fronts (i.e. trust deeds, real estate rentals and armchair investments, etc.). Get your hard earned money out of wall street and onto main street where you can control your investment dollars. I earn 10% to 12% on trust deeds alone and up to an additional 39% yield on my Montana investment.

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