Recent content by RLTW

Thanks again Nords - I agree with all of that and very well said. My first couple of properties were just like you described - not good investments. After those two, I started getting serious and figured out the math (cap rate, NOI, ROI, net cash flow, Cash on Cash return, etc). Once I figured...

That is awesome, great job nash031! I am definitely done working for "the man" too. I got a job outside the DoD just so I could experience life in the private sector for a little bit. Currently I am enjoying the novelty and I don't feel like I have the stress/pressure to perform like in the...

Yes- 2.25%, 30 year fixed. I got it about a year ago.

Thanks Nords - Yes, it is definitely a good debate and thanks for your perspective. I never really thought of my pension as "bond like income". I like it and agree that I am way under-allocated in equities. I definitely need to change that. I am not really concerned with my cashflow or...

Yes, I will definitely do that! Thanks

Pjigar - I understood what you meant. I was just saying that I didn't know what I wanted to do with my free time yet. I am definitely trying to figure that out now though!

Thanks - rwdflynavy. I am definitely happy to be in the "US Club"! I agree with you on the real estate! The promise of passive real estate investing is not quite accurate. I am planning to use this market to make an exit from real estate. I am currently under contract for one of the...

Thanks pjiger - Yes, I enjoy my time too...but what do you do, if you "have nothing to do, and all day to do it" :laugh: I am still trying to learn what I enjoy filling it with. I want to stay productive. I am definitely going to start working again on the side business.

Thanks Nords - I’m sure I will have lots of questions. Right now, I am struggling with the age old question of, should I pay off my mortgage or invest the money. I know the right answer is invest the money, but I always like to lower my required monthly expense. I keep going back and forth...

TDub - Good question and definitely smart to be thinking like this. I don't think there is a right answer and you probably need to just think about it at the beginning of each year. What do we value more this year - the current tax advantage or the unknown later one. Then compare what you have...

Thanks - BigDawg. Nothing too bad but a career of getting shot at, jumping out of high speed aircraft, and rucking definitely takes a toll on the mind and body. I never really went to the doc my whole career. But those last 2 years before I got out, I finally went and made sure everything was...

Hi all - I just wanted to send a update. I haven’t been on here in a while but glad this forum is still around. I originally posted back in 2007, and said that I wanted to be financially free. I think I finally made it to FI. I toughed it out in the Army for the past two decades and came out the...

I know it is pretty difficult, because there is risk either way. I hear all the time, don't be a long distance landlord but I like the fact in house #1: it is cash flowing and as steady renters, good property manager. Then in house #2, I would sell it however, I believe the market is improving...

I have been debating with myself over the last few months with this issue and changing my mind back and forth. So I thought I would put it up here to see what everyone says. Quick info on me. 31YO, wife and 4YOson, O4 Army, 110K in retirement accounts, 30K in cash, 7K in college savings...

I am a officer in the Army so I don't know all the details about signing up though the enlisted ranks. However I do know how the system works so I hope I can help. First, I would like to say there are tremenous opportunity in the Army and there is tremenous downsides to the Army. The Army is...