. - Finally, do your best to be organized.

I have been thinking about trying to organize something before summer hits--Let me know if you (or others) are interested in planning!

Hello all, My father is preparing for retirement and is beginning to organize his RE investments for when he’s no longer here (not for many years prayerfully).

@Russell Brazil is the rock-start organizer and is an agent in the DMV. 

A starting point before looking at properties (and what I think you are getting at here) is to organize all your financials and see what approval you can get and shop rates, also a credit score above 700 and one in the mid to upper 600's is workable, however get a great mortgage broker to advise you in detail.

Would you call in Goodwill or a similar organization to donate all those items?

Part of the costs are modest management fee (5% in leasing I think), an asset mgt fee of 9,000/year (1.3%), 5,000 / year acct/legal/organization, vacancy/repair/maint/misc util/ tax/insurance.. then the loan which refinances 24-36 mo which hurts cash flow but returns all capital**[I think you should achieve a 11.3% CAGR by initially investing 630K (615 initial + 110 year 2 minus cash flow), getting that money back and investing it in the market @7% and adding 35k each year till year 10 from teh cashflow.

As I am getting organized to meet with my CPA at end of the month, I have realized I could have done this more efficiently.

View report*This link comes directly from our calculators, based on information input by the member who posted.I've just begun my Real Estate Investing journey, and I want to make sure that I'm doing this right...

Steve - This depends on how the entity that the profits are being retained in was organized.