Would like advice on strategy
Hello!
I'm a 30 year old newbie investor looking to make a go of it as an REI. I'm stuck with a little analysis paralysis and I was hoping to get some feedback through the bigger pockets community.
Current situation:
-Full time employed as an Electrical engineer making six figures currently
-primary residence is on a 15yr note @2.65%. Owe $180,000 and home is worth about $260,000
-Have $50,000 liquid cash to begin investing in real estate
Goals (lofty I know):
-Retire from day job by age 50
-own home in San Antonio (primary residence), own home in Port Aransas, TX ( beach home), and own home in Winter Park, CO (mountain home). Wife and I would like to live in each home throughout different parts of the year.
-have enough rental income to live off of in retirement
I have done a lot of reading and research but I seem to be just tying myself up in knots as to which direction to go. I'm leaning towards multi family rentals but I figured I would reach out to more experienced investors on the site to get some ideas on strategies for starting out in my position. Thanks in advance,
Matt