real estate investing: Real Estate Investing for Retirement
- 08/12/16 08:15 AM
There are many theories about how to plan for your retirement. One I have taken on personally is to make a goal for myself to implement new proven strategies to make passive income. Try to make a goal for yourself this year to build and expand your real estate nest egg. Once you purchase your property, put it on an aggressive amortization and/or a bi-monthly mortgage and you will see that 30 year amortization cut to 18 1/2 years plus or minus. Likewise, apply additional cash flow to principal reduction. By the time you reach retirement age, the asset will be paid (26 comments)