Updated almost 4 years ago on . Most recent reply
100% real estate investment
Over the years I have taken all my retirement money and bought rental property. My wife and I have 8 units now. Four sfr’s and two duplexes. Since 2014 the values have done very well our ltv is 50% and cash flow is good. The return on just the cash flow has been way better than the average 7% retirement portfolio. So my question is….. what do you all advise? With nothing to buy right now and uncertainty in the market. Should I start contributing to retirement again or payoff properties? I need a plan now. If there were property to buy I would buy more, but there isn’t. I could hold cash and wait but values may not drop, much if they do. Who is to say. I’m familiar with the 18 year re cycle, but that doesn’t seem like the best plan. Meaning….wait. What do you all think?