All Forum Posts by: Koki Agata

@Daniel Umstead Thanks for such a useful site! This will come in very handy. Good luck to you too on your journey.

Cheers

@Spencer Goldenberg My wife and I are also thinking about purchasing a SFR near UMKC to use it as a student housing! Been hearing a lot about students having hard time living near campus due to expensive housing costs, so thought this would help students once scaled up in the future. We have been looking around the area and there are a couple of good houses if rented by room.

Very curious about your journey! Keep us posted!

Cheers

@Steven May I am a millennial too and I have been wondering about this myself lately as well! I am a rookie in REI and still learning a lot, and I don't know if I can be of any help, but I have been rather a strong advocate for indexing. I think they both have pros and cons, but what I love about REI is that you actually get to see what you have accomplished, where as stocks and bonds you don't really see the physical accomplishment.

That is not to say not to invest in index funds and ETFs, but I think it really depends on your preferences and risk tolerance! Both are fun and better than nothing, and whether you invest in stock market or REI or both, you would most likely end up better off than those who don't make any action.

What I think the important thing though in 401k and IRA is to know what you are investing in (or your employer's investing in for you) and make conscious decisions. I heard that majority of money in 401k, 403b are invested in Target-Date funds, which can be really inefficient and incurs a lot of fees. I think 401k and IRA are great tools and very tax efficient, and I would definitely make a good use of it if my employer offered it, or once I am legally residing in the states. I currently use John Bogle's Three-Fund Portfolio, and it gives me more than 8% return on my investment, not too great but not too shabby?

perhaps you can think of it as diversification, and make use of both methods?

Cheers.

Thank you for this post! I am currently out of the country and hard to follow up, so these posts help greatly! Thanks for all the information.

@Schuyler G.

Congrats on your first deal! So happy for you :)

@Sammy Lyon

Wow that is wonderful! I admire you for having achieved what you did and I am looking up to your success! Makes me wanna start investing right now too!

Good luck on your next goal!

Soo, I am not sure if this kind of post is allowed? But if it is not please let me know and I will take it down.

Anywho, as I prepare to dive deeper into rei world, I am currently looking for a local real estate agent from Kansas City, and thought to ask bp community if anyone had any references or recommendations.

Do you have any recommendations? Someone who has the patience to preferably educate me on the whole buying process would be great!

Thanks a lot in advance for all your help!

Cheers

@Frank Geiger Thanks!

@Frank Geiger Which part of KC are you mostly invested in? Or good to invest in? My wife is from KC, and I just moved here and doing some research on the area.

I am new here at BP and REI. How often do you all meet up? I will be out of the country for the rest of the year, but would love to meet like minded people in town eventually.