All Forum Posts by: Taheerah Amica

@ Dennis - I am 42 and my goal is to leave teaching in the next 3-5 years. I plan to leverage my income by purchasing several multifamily properties one at a time and selling real estate as an agent.

I have a few options:

Option 1 - I can leave teaching completely and take everything out and invest it all. 

Option 2 - I can take my 18 years of service credit and defer my retirement and leave my dollars in my pension until I am 55-60.  (That's another 18 years!)

Option 3 - I can also continue teaching until 2025 when I will have 25 years of credit. I will and I will be vested in my retirement plan. (Not!)

I have to find out if there is a penalty for option 1.

Hey Michael! I just finished listening to Grant Cardone's 15 minute video titled "5 Tips to be the Best Salesperson" and I am hooked! I will definitely make a commitment to add him on as one of my daily trainers. As a natural born educator, I have always believed in the importance of being a "Learner for Life". He seems like a "beast" in real estate game and I most certainly believe in surrounding myself with likeminded successful people who are not just preaching it....but who are DOING it!

Grant is so right about the FOLLOWUP and how successful you will be by simply following up. Thanks again for your advice Michael!

Thanks Ivan! I will start with local banks in my area and see what products they have to help me and my partner jumped into the investment side of real estate. 

I have talked to some of my fellow real estate agents about mfam and say the same about it being a whole different ball game. :) I will most definitely begin educating myself Ivan.  

I'm a New Investor. I have been a Real Estate Agent for 2 years and I love it! I have also been a Supplemental Teacher at a public school district for 18 years. I have decided to make a change. My goal is to retire early from teaching. I am looking into drawing all of my money out out of my pension and rolling it over into purchasing multi-family properties. My plan is to replace my income of 100k per year over the next 5 years in multiple ways: as an investor and real estate investor agent. 

I signed up to Bigger Pockets' free membership after I purchased a single family rental in Trenton. It wasn't until afterwards that I realized that getting a multi-family was the way to go. I have a consistent positive cash flow from it. However, I am looking to build wealth with multi-families rentals. A partner and I have started an LLC and we would like to know how to purchase multi-families under a newly formed LLC. How do you borrow money under a LLC? Can someone recommend lenders for LLCs?

Congratulations my friend!

Congratulations! You are inspiring me to get going with my first fix up! 🎉