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Updated over 7 years ago on . Most recent reply

User Stats

175
Posts
51
Votes
Adam M.
  • Lawrence, KS
51
Votes |
175
Posts

Hello from KC/Lawrence

Adam M.
  • Lawrence, KS
Posted

Been on here for a while but never dropped an introductory post. I'm Adam I live in Lawrence home of the best basketball school in the nation. BS in Finance and currently working on a BS in Computer Engineering.

My goals in real estate are following

  1. enough income to pay for my basic cost of living (housing/food)
  2. enough income to pay my student loans
  3. enough income to fund my Roth IRA
  4. enough income to feel comfortable focusing my time and energy pursing endeavors, whether they are work related or not, that I enjoy and find stimulating.

My strategy to do this is via rental properties near hubs of workers/tenants that are somewhat systematically immune to the ups and downs of the general economy (i.e. universities and hospitals). I'd parlay that income into investments in REITs and other high dividend yielding stocks in my investment account (i.e. taxable account not Roth) as I'd like cash now. All of which would allow me to divert W2 income and rental into retirement accounts.

Most Popular Reply

User Stats

35
Posts
11
Votes
Brittany DeWitt
  • Investor
  • Kansas City, MO
11
Votes |
35
Posts
Brittany DeWitt
  • Investor
  • Kansas City, MO
Replied

Hello from KC! We have a few properties near KU in Lawrence. It's a great market to get started in. I love working with college students.

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