We are new to the real estate industry but we are building a family owned business to earn an honest living while being able to provide and instill good ethics and morals into our children.

Warren Buffett has told his children to just buy the SP 500 index fund and do nothing else with any capital not allocated to Berkshire stock.

The tenant segment we've targeted for over 17 years is families with elementary school-age children and a gross household income between $65,000 and $85,000.The only properties this segment will rent are:Type: Single-familyConfiguration: 3+ bedrooms, 2+ baths, 2+ car garages, 1,100 to 2,400 SF, one or two stories, lot size 3,000 SF to 6,000 SF.Rent range: $1,800/Mo to $2,300/MoLocation: See the map below for the areas where our target tenant segment chooses to live.What has been our results following this process?

Who’s Disqualifiedyouyour spouseyour parents and/or your adoptive parentsyour natural grandparentsyour natural children and/or your adopted childrenyour stepchildrenThe spouse of your natural childrenyour grandchildrenAny fiduciaryAny people providing services to your IRA

Maybe you love it, maybe it's like dental work, who knows. 

How does a trust fit into all of this (if I wanted to get things into a trust for my children)?

Please note, you can't do this with your non-IRA money, your businesses, trusts, children, grand children, spouse, parents, or grand parents.

I own three in Milwaukee and they are my problem children for sure. 

I just became a grandma (Nonna) and I love the idea of having one condo for each of my two children (they are next door to each other) to stay at with their children, in the future.  

A lot of cool things going on in West Louisville! Keep your eyes peeled!