How Should Real Estate Factor In My Retirement Plan?
Episode description
Scott and James discuss how real estate should factor into your retirement plan.
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Listener Question:
Me and my wife enjoy doing live and flip rentals and are planning on the cash flow to be part of our retirement funds. We are planning to move in a year and would like to pick up a third house to add to our portfolio when we do. How would you run the numbers to see if this is a safe investment for us. Ensure we are not taking on too much risk to expand.
Planning Points Discussed
- Utilizing Time Efficiently
- Capital Appreciation
- Purchasing Power
- Other issues (IRAs, Inflation, Financial Goals, etc.)
Timestamps:
2:30 - We're on YouTube HERE!
6:17 - Rental Overview
11:15 - Understanding Real Estate
14:46 - Income Understanding
16:46 - Customization is Key
19:00 - Aligning Your Financial Goals
LET'S CONNECT!
James
Scott
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