I'm 40 and my wife is 32. We have an annual income of $150,000 and this year we will be debt free not counting the home mortgage.
We currently own 3 rental homes and 3 pieces of land. Our goal is to acquire 3 more homes in the next 2-3 years. We are planning to pay off all homes in the next 15 years and be able to retire with approximately $9,000 on rental income along.
We are investing on ROTH IRA, mutual funds, 529 savings accounts, and we have Emergency Fund account and other savings accounts.
If there are any members out there that have invested in Real Estate as part of their retirement planning please share your story and provide me with some feedback regarding our current plan.
We currently own 3 rental homes and 3 pieces of land. Our goal is to acquire 3 more homes in the next 2-3 years. We are planning to pay off all homes in the next 15 years and be able to retire with approximately $9,000 on rental income along.
We are investing on ROTH IRA, mutual funds, 529 savings accounts, and we have Emergency Fund account and other savings accounts.
If there are any members out there that have invested in Real Estate as part of their retirement planning please share your story and provide me with some feedback regarding our current plan.