Personal Finance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 7 years ago on . Most recent reply

Path to retirement via RE investing- help please...
Hello All,
I am trying to develop an investment strategy for an early retirement in 10 years. After reading several articles from an affiliate website (I don't think I'm supposed to mention affiliates by name??) I have these numbers:
1. I would like to have $10,000 of cashflow a month
2. It is very reasonable to find properties with 12% ROI in my market.
3. Currently I have a duplex with $45,000 in equity. It gets 16% ROI.
4. I have $25,000 saved in my bank.
I've read about the 1031 trade-up plan, which seems plausible. Can anyone suggest alternative paths forward?
Thanks for sharing your expertise!
Justin