This was their life savings, so I didn't accept their money for myself, but I did set it aside so I can figure out a retirement strategy for them.

Now I agree that loaded guns are not always dangerous in a stable minded, responsible, experienced person's hand, but when you put a loaded gun in a child's hand it becomes very dangerous.

Single Families and Multidwellings both have advantages and disadvantages.Single families usually have more stable tenants, appreciate faster, and are easier to resell.Multifamilies usually have a better return and in some ways are easier to manage because they're centrally located.

Retiring with a rental fleet has always been a dream of mine but this market makes it hard to get started.

As my father and my father-in-law both entered the retirement stages of their lives, I saw the wisdom in how both of them had acquired some sort of secondary real estate related income property.

I came upon a deal of a senior couple looking to retire.

He gets to have all the fun, while I hold the stable corporate job with insurance.

Pleasure to meet everyone, my name is edwin and I was born in manhattan in nyc and now live in the bronx near westchester county and 1 hour away from connecticutI am just getting involved in real estate investing with my partner looking to learn and possibly get into this f/t just not quite sure what area will become my main area of investing My primary interest at this moment is learning the preforecloure market for nyc and connecticut area, wholesaling properties to investors initially to investorsI am in my 50's and need to find a way to create a retirement fund through possibly rental properties so this becomes part of my retirement monies coming in since I do not have anything at this moment lined up for retirement, can't afford to make to many more mistakes...

Then we know that there are other investors who will be more willing to mentor and capitalize on a extra set of eyes and ears bringing them deals already under contract, regardless of the fact that they are creating competition since they can't stop what is going to happen any way, so why not capitalize on 2 men that can add to their bottom line profit and utilize that money to reinvest in other projects.I am getting into investing because I have an interest in real estate investments and to prepare my self for retirement.

He had about $1.8MM (that's million) in stocks/bonds etc, but mostly in retirement type accounts, plus another $1.5MM in real estate plus a couple of boats etc.