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Updated over 2 years ago on . Most recent reply

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Tim Worgan
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Am I to old to start buying investment properties?

Tim Worgan
Posted

Hi,

I have been a Realtor for 5 years and have thought about investing most of that time but have not. I just turned 60 and I am wondering if its too late for me to begin this investing process? my wife and I are comfortably moving to retirement but I believe it can happen sooner rather than later through investing.  What do you think?

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Reid Chauvin
  • Lender
  • Nashville TN - Licensed in AL AR DC FL GA LA MD TN, TX and VA
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583
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Reid Chauvin
  • Lender
  • Nashville TN - Licensed in AL AR DC FL GA LA MD TN, TX and VA
Replied

@Tim Worgan - i can't see why it would be too late as long as you are making smart investments that have a return on capital period that makes sense for you. Having some rental properties with strong cash flow could definitely serve to bolster your income in retirement. 

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