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22 March 2020 | 9 replies
The only thing we know definitively is that we want this house as our home for retirement and we don't want to rent it out for at least several months while we see how everything plays out in terms of the economy, landlord restrictions due to COVID-19, and whether or not we are going to move into the home sooner than we thought.Advice is much appreciated.
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1 April 2020 | 8 replies
I've read through some of the beginner guides, some articles and heard some of the podcasts and now believe that RE estate can be stable source of passive income if planned out properly.
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24 March 2020 | 6 replies
Rents were fairly stable in the last economic recession here in the pnw.
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23 March 2020 | 2 replies
Now once i return to the states this is my final 3 years prior to retirement from the Army (this is where you all come in to be critical) I want to use a VA home loan to buy the primary home and the capital i put to the side during my Germany tour to buy a second property while fulfilling the VA one year residency requirment.
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22 March 2020 | 2 replies
Here is the breakdown 2 units combined rents 1350Price 70K and 5K back at closing to replace single pane windows.Both tenants have stable jobs that appear to not be affected by COVID 19 as of yet (1 works at BP gas station husband works at Ford dealership other works for maintenance crew for an apartment complex down the street) I am getting a Commercial loan and was curious on should I wait and push back close on this property given the uncertainty with COVID 19 as well as perhaps getting an even lower rate?
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23 March 2020 | 12 replies
If we do that, then my wife can retire and get a large buyout paid quarterly next year, enough for us to buy several more properties which replaces her income.
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22 March 2020 | 0 replies
All in the unit CAPEX over 2020 is expected to be $50,000 in order to bring rents to market value or above market value by renting out blocks of apartments to local housing authorities or churches or charities in order to maximize rent while also having a stable tenant base.
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22 March 2020 | 1 reply
For 2 to 4 (or SFH) you can learn that from the "Education" Links above.As far as a job goes, it's intelligent to get the best paying (stable paying) job that you can and live within your means and save up as much as you can as fast as you can.For that read "rich Dad Poor Dad" (it's an easy 8th grade read).Good Luck!
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23 March 2020 | 6 replies
The only way to move assets from one retirement plan to another is via rollover.
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24 March 2020 | 9 replies
I normally contribute about 1250 dollars towards my TSP (Im currently active duty) and I pay my wife a "retirement" vehicle of 350 a month for her Roth IRA.