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Charlie Shew
  • Handyman
  • Lebanon, TN
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31
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How Would You Financial Proceed? Any Tax Specialist Out There?

Charlie Shew
  • Handyman
  • Lebanon, TN
Posted May 27 2019, 15:36

Hello Everyone,

Me and my team of International Investors....

Just kidding, been listening to BiggerPockets podcast, couldn't resist.

Anyway, here is my finances laid out, if you were me how would you proceed? Currently, I find BRRRR is most appealing, based on my finances alone do you agree? (I'll be 56 next month) I am reading the BRRRR book and listening to the podcast, three months ago I had never even thought about real estate investing so I have a lot to learn. I work a fulltime job at night and sell real estate in the day.

Rather than tell you guys what I think I should do, I'd like to see what you think. 

Thanks for any advice,

Charlie

Home Value                         $245,000

Mortgage                              $97,000

Rollover 401k                       $145,910

Roth                                       $22,632

Current Employer 401k     $45,000

Expected 2019 Income      $100,000

Work Paying for College     $18,000

Car Debt                                $9,000

Cash                                       $10,000

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