Buying Rentals Right Before You Retire: Good or Bad Idea? | Afford Anything Podcast (Audio Only)

[@duneme]

I have been doing this since 2009! Bought 1 then (when the market was high) then bought 3-more while the market was low! Now I’m enjoying the Rents as they rise! Depreciation I love! If the properties are getting $1000after Property Taxes.& Insurance. $1000x4(# of Houses I have)=(x12-months a year=$48,000 a year in income. Now, take our annual income ($48,000/yr) / .04 (the 4% Withdrawal Rate)=$1,200,000 in Real Estate Value (assumes no value at the end which isn’t true!)

[@michaelrobinson2359]

Your channel is really underrated. You give great advice. I've invested in rentals for over twenty years and your insight is spot on!

[@christoskas7879]

I have to agree with Micheal ... great information! I am suprised at the low number of likes. Extremely underrated! This is good stuff!

[@duneme]

You can pay off your second rental a lot quicker when your first rental is paid off!

[@michaeloriada6177]

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