Beginning with the End in Mind...

[David Jarvi]

So much of the 'real estate educational complex' seems to focus on all the various 'gotchas/loopholes of real estate... (Credit Card financing, wraps, no-money down, wholesaling, short sales, buying all-cash site unseen properties from the sheriff, etc..etc..)

I on the other hand, want to have the most BORING, K.I.S.S. strategy as possible, (early retirement with as little as management as possible is the goal).

I keep coming back to the idea of financing $75-105K properties (25% down - 4% interest rate, 30 year fixed) in 2 or 3 markets.

These properties would be higher Quality 3 Bed/2 Bath places that need cosmetic improvements in cities with good schools and regions with good economic prospects.

Gurus: What am I missing?

[David Jarvi]

Thanks Jordan. My standard for living is quite low.... I could live in a Sprinter Van down by the beach.... (which means technically I could retire today!!)

BUT, alas.. there is a future wife and children to consider.

So I'm going to draw the line at 40,000. (living in a paid off house)... so that means.... about 3500 a month (after taxes).