T-Mobile arena just got completed, & are now talks of getting an NHL team here in Vegas, Oakland Raiders owner committed the team to moving here with the purpose of building a $1.4 Billion dollar Football Stadium.

We are going to retire probably to Colorado in another 4-5 years anyway.

When he retired I began doing work myself. 

We are trying to build a portfolio and retire by 40 and LA won't do that for us, especially on teachers salaries.Keep us updated on what you do!

If you buy an apartment building you could afford to retire literially overnight.

Also, you can pay them a management fee - and if you do pay them make them MAX OUT their IRA - they will thank you for it when they retire rich!

I strangely take a lot of comfort in the fact that MTV chose Austin as the home of one of their Real World Seasons.I was somewhat indecisive between Austin and Denver, but the Austin area has one the nation's best school systems and no snow ( I figure when seniors move for retirement, theyd rather have a little heat than have to deal with snow).

And for those who are in their 30s and think they will retire with paid off rentals, don't forget to factor in the following:Maintenance, taxes and insuranceDepreciation for your heirs to repayUsually good appreciation at first and then slowing in later years,,,why followsEconomic devaluation due to properties maturingChanges in demographics of the community, hot areas don't stay hotCompetition of comparable units and and newer unitsDecline due to obsolesence, may not command rising rents foreverMaintenance issues deferred become rehab projects years laterTax benefits die outGovernmental regulations adopted may cause additional expensesVariable costs increase- with stagnet rents (ie, taxes and insurance)Property becomes inefficient and functionally obsolesent in the market.Buying a 15 year old SFD when you are 30 and keeping it till you are 65 gives you a 50 year old property......now go into neighborhoods with 50 year old properties and see what the market is like inthose older areas.......I suggest you buy, do a 1031 or sell and upgrade your inventories.

For example of somebody had 150K they might use financing to buy a 10 unit apartment but that will not get you very far if you are trying to use non-recourse loans to procure property in using retirement funds..The question becomes one of what are others doing in order to strategically use RE to build retirement income and assets within their portfolios?

We are very ambitious, and have been sacrificing fun, stuff, and time with family (and forget about having friends), all with the plan of me being able to be a stay at home mom when we have kids, and so my husband can retire young.