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Updated over 4 years ago on . Most recent reply

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6
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James Meador
  • Saint Marys, GA
4
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6
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Newbie from St. Marys, GA

James Meador
  • Saint Marys, GA
Posted

Hello everyone, I'm working up the courage and working through my limiting beliefs to start investing. 

I'm active duty Navy, and transferring to my last shore duty in February 2018. I will retire after about 3 1/2 years there.

I would like to invest for cash flow to make up for my loss in pay when I retire. I am not picky as to how I will invest, single family homes seem to be a good way to go. 

My goal is about $3000 per month of cash flow by retirement. 

I owned a duplex a few years back and by chance sold it right before the crash. 

I have some money in mutual funds that I can use as capital for investing if needed, but will incur taxes when they are sold.

I am excited and scared at the same time, but it is time to make something happen. Looking forward to some good discussions and help along the way.

-Wes

Most Popular Reply

User Stats

102
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32
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Justin Dossey
  • Saint Charles, MO
32
Votes |
102
Posts
Justin Dossey
  • Saint Charles, MO
Replied

@James Meador Welcome!

I understand your feeling wholeheartedly. I recently made the jump to finally do real estate investing! I am just getting started but loving it so far! This is a great community and an awesome place to learn/grow! Good luck!

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