All Forum Posts by: Kyle Teague
Kyle Teague has started 1 posts and replied 1 times.
Hello Community,
I was hoping to get a little feedback on REI while teaching abroad. I have done a little research in the forums and have found very little on investing while being an international teacher. My hope was to find someone who could share a few tips on which investment strategy would be best for my situation.
Currently I am overseas about 11 months out of the year. I have the ability to live in an expense free environment, where I basically am only paying for my travel. After investing in retirement, brokerage, and savings accounts, I am left with about 20K each year. I am debt free and looking for ways to invest. The most appealing strategy is REI. Am I wrong? I could always place the extra cash into some low risk index funds and continue the stress free life I am living, but part of me wants to try something new.
My main concern is that I am restricted from managing my own properties. What does this limit me to? What does this open me up to? Does the 50% rule apply to me, or am I at 60% because of the additional cost incurred through traveling from out of country? Am I better off with a buy and hold or can I still ponder with the idea of a multiplex?
Hopefully someone stumbles across this post and can help. It would be much appreciated.
Kyle