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23 May 2018 | 77 replies
I have a target retirement fund at vanguard. and I just maxed out my Roth IRA for this year last week with my tax return 😎 .
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28 January 2018 | 20 replies
I'm already retired military and have a pension and medical so I'm not overly worried about my real retirement and the Roth was mostly an afterthought.
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30 January 2018 | 12 replies
Here's a general overview:130 acres of land split between two parcelspreviously operated as a golf course until the owner passed away; it has since been shut downalready has a septic system for the club house/restaurant that has been maintenanced regularly (not sure how many homes it could sustain)land was evaluated by a developer, but was written off due to a lack of public water/sewagetownship told me (not in writing) that public sewage and water will likely go in within 5 yearsthe land is aesthetically pleasing with rolling hills (slight grade) and a few pondsOwnerswell off financially; want to sell but are in no hurry; they are considering a few optionswilling to work out flexible terms: owner finance, lease, lease optionrequire that in the event of a lease or payment delayed owner finance situation, that the taxes are coveredLocation2 minute ride to the highway11 minute drive to a Walmart Supercenter$93,000 median home sale priceone hour outside a major metro6.2% unemployment rateStartup Capital Required: Property taxes through-out development of first phase of MHs until income producing; then split profit, begin payments, etcEngineering plans for 50 homes (expandable to 200 based on demand)surveys, environmental assessments, permittingdesigned to eventually tie-in to public water and sewageConstruction of lots, roads, and foundationsPurchase of new homes to be sold offI believe there is a significant demand for a family friendly park, retirement community, or both.
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19 January 2018 | 5 replies
My ability to retire depends of course on an income stream.
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21 June 2018 | 0 replies
I’m in my early 50’s and would like to find a way to retire early.
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12 August 2018 | 4 replies
While I've been awaiting the formation of the C-Corp my old employer has offered me a new position that I will accept but that may require me to begin work before the corporation is available to transfer into.Would there be any pitfalls I should be aware of if I roll my 401k into a traditional IRA and then roll the IRA into the qualified retirement plan being created in the corp?
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12 October 2018 | 3 replies
I had been sold on the usual retirement plan.
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5 November 2018 | 5 replies
This doesn't mean that you need to have 24/7 by any means, but perhaps someone on-call or periodically checking in, and you very well may be able to hire a local older, retired person who is looking for some very sporadic part-time work.As your bride is only 90 minutes away, she could theoretically travel when & as-needed, but a few trips and this will need to be expensed in some form, thereby eating into the profits the Facility will generate.My question to you would be - how is this currently being managed or staffed?
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1 November 2017 | 24 replies
Steven,Our goal is to accumulate 5-6 properties over the next 10-15 years, get them paid off so that they will generate some good cash flow to supplement retirement income and even allow for earlier semi-retirement ; over the long-term, possibly build a small company that our kids could take over and expand later.For us it is too late to build anything BIG - FAST; but for them, it might not be - especially if they will take over the little we could build over the next 10-20 years.
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21 February 2016 | 13 replies
I had a friend who is retired now but his mortgage company pulled credit reports for free the tri-merge.They built in the costs when they actually funded a loan that closed.So it was an official tri-merge report with a lender scoring model and not one of those other sites.