You couldn't retire on one million in a property?

I do agree that most new investors have no idea how much work any real estate strategy is, and they come into it with unrealistic goals of riches and retirement by the end of year.

The reason is due to the way his retirment was set up from the NFL by his attorneys.

I hope in 10-15 years to accumulate enough so I can retire comfortably.

That's a serious problem for them and their families, who are often called upon to provide assistance.Because benefits are reduced for people who retire early, the surge in retirements should not have any long-term effect on the solvency of the Social Security system, although it will probably add to the near-term budget deficits confronting the Obama administration, Social Security's Goss said.The full consequences of retirement decisions made in hard times will become apparent when people who retired early begin to exhaust their savings."

Previous tenent must have been a retired broker.I properly disposed of the confidential docs.Can you imagine what a less ethical person might have done?

Retired people moving to lower cost, small town cities all across the country.Of course, CA being what it is, also still attracts people to move here, hence the continued population growth.

hi scotttruebut thats the case in any market. the issue is not pricethe issue is value.you can buy well in any market if you know what you want and you know how or what to buy.35% discount or 50% discount should not be the only factor when buying but it is a very big driving force if the idea is to hold for the long run there are many reasons to buy real estate for growth, for return, for a loss( this is not the norm in your market but is in others) and even for retirement to shelve incomeso there are lots of reasons.the problem for long hold investors is looking for income and growth these are a bit hard to judge and even harder when buying into a new are or countrybut for me the rules are the same.do a templet and then duplicate it or mirror it.and price for me is not a major issue as long as it meeting your templete requrements

People got bad advice from brokerage firms telling them to put their money in stocks and keep it there even as they were approaching retirement.

[citation needed] Cramer retired from his hedge fund in 2001, after finishing with a self reported 29% return in 2000.