Timothy Lantry
Laid off because of Covid-19 virus just before retirement.
Happy Easter bigger pockets members! So this is actually happening to a close friend of mine. I am not exactly sure what direction to point him in, so I thought I would open it up for discussion here. He is 67, blue c...
Jason Nazarenko
Purchase after retiring from the Army and moving back home
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $68,000
Cash invested: $376,000
This was our initial purchase in Cotter after retiring from the Army. We di...
Jim W.
Where to get a refi for a rental while retired?
Hey everyone! I have a duplex in Stow, OH that's been serving me well since 2015. I have a 30-year note on it at 4.75% - not awful, but the lower rates have me drooling.
I think I have two problems though:
1) I'm an...
Kenneth Garrett
Just Read “Retire Early with Real Estate by Chad Carson
The book Retire Early with Real Estate has many good points on developing your long range plan of investing. Whether your goal is to add cash flow to your current income or create a long range plan to retire early, t...
Michael Campbell
Ran Out of Investment Cash - Going for the Retirement Accts
Hey guys! I've got a question.. I'm into a handful of SFR rentals and no longer have cash free for further downs. I partner with my brother and in order to maximize the number of mortgages, we alternate on who takes o...
Alex Silang
I'm semi-retired. Should I cashout refi to buy again?
I often makes sense to cashout refi and buy again. But what makes this different is:
1) I consider myself semi-retired. Cashflow is important to me2) I work part time so I don't have the income to get a conventional ...
Gregg Reinbold
Early distributions from retirement plans related to COVID-19 tax
Any thoughts if the tax exemption for early withdrawal that ended in 2020 will be extended?
I will be 59.5 in five months, but I could use some money from my IRA before then.
The 20% tax for early withdrawal is t...
Zachary Balon
Owning four properties by the time I retire. Good plan?
Hey guys, I would love your feedback. I am 42 years old and have a plan to retire at age 67 with four properties paid off. I currently have two rentals that are worth a total of $530,000. I owe a total of $230,00 on ...
Rob Pattison
Buying a retirement home in Costa Rica using 401k money
I'd like some advice on the wisdom of using $100k of my 401k money to buy a retirement home in Costa Rica.The facts: I'm 57 years old and live in Hermosa Beach, where I rent an apartment. The houses here are $2 mill...
Michael Rogers
I Finally Did It: I'm Retiring from My Corporate J.O.B.
I'm Retiring from Corporate!Next month, on January 18th, I will be retiring from my corporate job as an Internal Auditor to be a full-time real estate investor. I am super excited. I've been working toward this for ...