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Updated 5 months ago on . Most recent reply

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44
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18
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Kevin Carpenter
  • Northeastern Pennsylvania
18
Votes |
44
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60 y/o ~ New Investor

Kevin Carpenter
  • Northeastern Pennsylvania
Posted

My adult children have 9 properties now ~ they advise me to buy a few rentals to provide eventual income supplementation after I retire. ( Who wants to be the retiree wiping tables at McDonald's ? ) Any thoughts / advise investing at this age ?

Most Popular Reply

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4,128
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3,435
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Kenneth Garrett
  • Investor
  • Florida Panhandle/Illinois
3,435
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4,128
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Kenneth Garrett
  • Investor
  • Florida Panhandle/Illinois
Replied

@Kevin Carpenter

There’s no age limits. I started in my 50’s. Still investing 15 years later. I see your family already has 9 rentals so you have a great support group to help you. I see people investing in their 80’s still. Once you acquire and stabilize your first property, the rest come much easier. The first is always the most difficult. The thing that holds us back is fear. As soon as the fear goes away you are good to go. Lean on your family and the community here. Great resources all around you.

Best of Luck.

  • Kenneth Garrett
  • Loading replies...