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All Forum Posts by: Tony Ferreira

Tony Ferreira has started 1 posts and replied 2 times.

Post: 10 year Retirement Plan (HENRY)

Tony FerreiraPosted
  • Fresno, Ca
  • Posts 2
  • Votes 1

Ken,

  I appreciate the positive and informative response. In my comment, I think my point got taken that I spend so much that I don’t have anything left over. I have capital. I want to utilize, but need some help in this area. I would like to hear more about what you were speaking about. I too am in the Fresno area. If not you, where could I get this type of mentoring and learning in my local area? I’m ready to hit the ground running. 
Tony

Post: Late to the Game / 10 year retirement plan

Tony FerreiraPosted
  • Fresno, Ca
  • Posts 2
  • Votes 1

Hey Team,

  So as the title states, I am late to the game as I just turned 52.  I continue to hear that real estate investing outpaces any other investment account. I am not in need of positive cash flow, although I know that is the point. I do need to build up to that positive cash flow at the 10 year mark. All I have to work with is $50K and the $150K equity in my own home.  Interest rates are high today, but do I wait and buy when rates drop or wait when prices jump?  I feel that getting in now would just jump start my plan instead of waiting. I'd love to get into Multi-Family, but do the numbers make sense?  What would be your 10 year retirement plan if you were in my shoes? 

Tony