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Updated over 5 years ago,

User Stats

47
Posts
5
Votes
Curtis Curley
  • Rental Property Investor
  • Houston, TX
5
Votes |
47
Posts

Fully fund a Roth IRA, or save for rentals?

Curtis Curley
  • Rental Property Investor
  • Houston, TX
Posted

I currently have some capital to my name and am trying to reallocate my funds to start a real estate portfolio. I'm a one income household and am looking build a solid foundation for my family before I take on more risky investments. I received some advice to first focus on fully funding two IRA's, then move to real estate investments afterwards. The problem is, I don't have enough monthly income to do all 3 right now. I might be able to get away with doing 1 or 2. It'll take me forever to grow that kinda capital.

My question to the group is, should I be trying to fund 2 Roth IRA's to take advantage of the compound interest in the future or push everything towards real estate? I'm 35 years old with a pretty decent job.

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