Debt Free, Mortgage Paid off, Kids Moved Out, Now What?

[Rob Lee]

Here is the scenario:

• You are in your 40s and married
• You worked relentlessly for 9 years and you are now debt-free! (no consumer debt)
• Your mortgage is paid off (appx 380k)
• You guys are empty nesters
• You have invested in residential real estate with positive cashflow, but nothing to write home about! (about 8 doors, but there are mortgages)
• You left corporate to be an entrepreneur so money fluctuates right now
• You have about 85k on the sideline in liquid for an investment opportunity

What you do next in the current real estate market if anything? You need more cashflow! Asking for a friend! 😝