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    #11
    династія Cams Purple Lambo's Avatar
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    Sep 2017
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    Владивосток, Рос
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    Quote Originally Posted by Cag. View Post
    just buy up properties ane rent them out, retire early. thats what jon and i plan on doing anyway
    terrible idea considering neither of you know about real estate finance or construction/regular upkeep of an apt etc...

    put your spare money in vanguards total stock market index or some field that you are educated in (e.g. if jon wanted to do a start-up or something).

    i doubt you have great access to credit (esp considering you bought your house with an FHA loan with like 2% down) or have any familiarity with the legal framework of organizing an LLC, obtaining lending to the LLC to leverage you RE investment and write off depreciation/re taxes/loan interest etc... (to maintain more profitability) etc...
    Last edited by Cams Purple Lambo; 07-08-2018 at 10:06 PM.
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