All Forum Posts by: Adam C.

 Love it! Would love to catch up one day to discuss the local market. 

I appreciate the response! I like the sound of option 2 but the risk profile of option 1. I think I’m in the middle of both those. Putting 50% down one two properties would likely be more my speed. 

Looking for advice/strategy from like-minded, anti-risk, I want to maximize cash flow type folks. I'm 43. Wife and I are maxing out retirement accounts. Everything going through my mind is around securing our income during retirement and leaving some sort of inheritance to my children. I've got one LTR property that I'm trying to pay off prior to taking any additional risk in the form of loans. I'm hoping to pay it off and then I'll be ready to take a "little" risk to acquire a second LTR property. STR/MTR is a consideration after the 2nd LTR. Ultimately, I'd like to have 3-5 paid for properties heading into retirement at 65. Should I adjust my goal? Is that to short a runway to acquire that number? Can it be done?

If I was your brother getting my REI portfolio started, is there any advice, strategies, links, literature, articles, or people to follow that you would recommend for someone extremely leery of financial risk? Is there a particular forum in BP that you would point me to?

Thanks, 

AC

Thanks Kai. I lean more Ramsey than Kyosaki at this point. Financing is something I’m studying now. 

Don’t know yet. Thinking about taking a little cash out, mixing it with personal savings and going after another property with a nice down payment as a hedge against market fluctuations. 

Reading some of the posts it seems I’ve stumbled into an arena of folks far more comfortable with large amounts of debt. 

Hello all. Found the podcast before finding the site. Almost done paying off my first property and looking to learn more before growing my portfolio of LTR properties.