All Forum Posts by: Joelle Eckam
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Post: Using fix and flip profits to fund retirement funds for FIRE
Joelle EckamPosted
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My husband and I have started to fix and flip houses and put the profits towards the down payments for rentals. Recently, I started learning about the FIRE community and maximizing retirement accounts for early retirement. My question is -- does it make more sense to flip houses and put the profits directly into savings accounts for FIRE purposes or continue to fund rental properties? Other than the obvious passive vs not passive income with rental properties. Would it make more sense and would we make more money in the stock market vs rentals? More info - I am 32, my husband is 36 and we have ~ 150k in retirement savings combined. Thank you