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All Forum Posts by: Aaron Barrett

Aaron Barrett has started 19 posts and replied 39 times.

Post: What can I charge for rent?

Aaron BarrettPosted
  • Iola, WI
  • Posts 42
  • Votes 7
2200 square feet. In Iola Wi

Post: What can I charge for rent?

Aaron BarrettPosted
  • Iola, WI
  • Posts 42
  • Votes 7
4 bed 1.5 bath. B-/C+ property. 3 acres in country in central wi. 30x40 pole shed and the entire property is fenced in brand new chainlink. Any idea on what I could get for rent?

Post: What can I charge for rent?

Aaron BarrettPosted
  • Iola, WI
  • Posts 42
  • Votes 7
I own a 4 bed 1.5 bath single family home in central wi and plan on buying a new home and renting out my current home. It has a 2 car attached garage and is probably
I have come across a very great deal but the asking price is $35k, too low for a standard mortgage. How much would it cost me in central Wi to get by until I can refinance the property and pay off the hard money lender. My credit union will refinance up to 100% of appraised value. Any and all advice is welcomed.
Thank you for the replies! I should have clarified I meant I would take a loan out as a down payment on an investment property. So to withdraw 50k the original balance would have to reach 100k?
My employer matches 50c on the dollar up to 8% of my income. My wife has the same match. We currently make about $100k annually together and in 2 months it will go to $140-150k. Is it a viable strategy to dump all extra money into our 401ks until we have around $100k to put down on a larger apartment complex? Using the gains to speed up the process to be able to loan the money to ourselves?

Post: Is this a feasible long term growth strategy?

Aaron BarrettPosted
  • Iola, WI
  • Posts 42
  • Votes 7
My wife and I are finishing up paying off our credit card debt and will soon be able to be able to set aside $4-5k a month for investing. After researching some options I believe I want to follow the advice of Grant Cardone in the aspect of strategy. I want to put aside money until I have $100k. Use that as a down payment on a $400,000 property. Then continue to set aside the income and and the cash flow from the obtained property to fund the next $400k property. My plan is to buy in larger cities as I live in a rural area and have a property management company run the property. I'm looking strictly to build long term wealth as we don't need the cash flow. I would love any and all advice/criticism. I also plan to divert some of the cash flow to reits.
My wife and I are finishing up paying off our credit card debt and will soon be able to be able to set aside $2-3k a month for investing. After researching some options I believe I want to follow the advice of Grant Cardone in the aspect of strategy. I want to put aside money until I have $100k. Use that as a down payment on a $400,000 property. Then continue to set aside the income and and the cash flow from the obtained property to fund the next $400k property. My plan is to buy in larger cities as I live in a rural area and have a property management company run the property. I'm looking strictly to build long term wealth as we don't need the cash flow. I would love any and all advice/criticism. I want to be diversified but I don't trust putting a large amount of money in the stock market.

Post: What would you do...

Aaron BarrettPosted
  • Iola, WI
  • Posts 42
  • Votes 7
She is definitely ok with it she is the one pushing it. I would like the investment to be as passive as possible as both our jobs are pretty demanding. That's why I considered just investing into a fund and letting it go but I realize the benefits of real estate investing can easily surpass the returns from other sources

Post: What would you do...

Aaron BarrettPosted
  • Iola, WI
  • Posts 42
  • Votes 7
If you had a spouse who's income could provide everything you need,and you're making approx $60k in addition and want to invest all of it. How would you invest for a planned retirement of 52 years old and your 26 now? Annnnnd go!