Search found 11 matches

by Lienlord
Mon Mar 11, 2019 1:40 pm
Forum: Personal Investments
Topic: Ready to FIRE @ 55 with Real Estate Portfolio?
Replies: 28
Views: 3813

Re: Ready to FIRE @ 55 with Real Estate Portfolio?

Though I don't have as much real estate exposure as you...I do have 9 single family rentals and 1 full time airbnb...with about $1M of paid off real estate that throws off $8,500/month in EBITA income. We have $1.2M in our funds portfolio. My wife is a teacher and we rely on her for our family heal...
by Lienlord
Mon Mar 11, 2019 8:27 am
Forum: Personal Investments
Topic: Ready to FIRE @ 55 with Real Estate Portfolio?
Replies: 28
Views: 3813

Re: Ready to FIRE @ 55 with Real Estate Portfolio?

I read an article in Kiplinger about the best 6 VG Index funds for 2019 and recommended allocations: 1. S&P 500 Index Admiral (VFIAX) 35% 2. Mid-Cap Index Admiral (VIMAX) 10% 3. Small-Cap Index Admiral (VSMAX) 10% 4. Developed Markets Stock Index Admiral (VTMGX) 17% 5. Emerging Markets Stock Index ...
by Lienlord
Sun Mar 10, 2019 7:28 pm
Forum: Personal Investments
Topic: Ready to FIRE @ 55 with Real Estate Portfolio?
Replies: 28
Views: 3813

Re: Ready to FIRE @ 55 with Real Estate Portfolio?

mikeyzito22 wrote:
Sun Mar 10, 2019 6:57 pm
1. VTSAX (the majority)
2. VTIAX
3. VBTLAX

Your percentages may vary, but there is no reason to split them up into different cap weights. That'll just have you rebalancing and tweaking too often.


Thanks for the advice. So split maybe 50/25/25?
by Lienlord
Sun Mar 10, 2019 6:48 pm
Forum: Personal Investments
Topic: Ready to FIRE @ 55 with Real Estate Portfolio?
Replies: 28
Views: 3813

Re: Ready to FIRE @ 55 with Real Estate Portfolio?

I read the OP which was a good way for them to put their "thoughts to paper" and get it clear in their mind what is going on in their financial life. My reaction was that everybody has their personal biases, so that people who like real estate will continue to like real estate and that people who l...
by Lienlord
Sun Mar 10, 2019 6:06 pm
Forum: Personal Investments
Topic: Ready to FIRE @ 55 with Real Estate Portfolio?
Replies: 28
Views: 3813

Re: Ready to FIRE @ 55 with Real Estate Portfolio?

When it comes to FIRE, one huge benefit to using an extremely tax efficient stock fund like Vanguard Total Stock Market is it allows you to only peel off the monthly income you actually need. Receiving income that you do not need to meet your monthly expenses only serves to drive up your tax burden...
by Lienlord
Sun Mar 10, 2019 5:51 pm
Forum: Personal Investments
Topic: Ready to FIRE @ 55 with Real Estate Portfolio?
Replies: 28
Views: 3813

Re: Ready to FIRE @ 55 with Real Estate Portfolio?

I agree with diversification. Curledave's suggestion of thirds is a good place to start (with bond funds sharing the capitalized stream space). I think you also need to look at your and your spouses and children's long-term desire to continue managing the RE portfolio. It seems great now. As you ag...
by Lienlord
Sun Mar 10, 2019 5:43 pm
Forum: Personal Investments
Topic: Ready to FIRE @ 55 with Real Estate Portfolio?
Replies: 28
Views: 3813

Re: Ready to FIRE @ 55 with Real Estate Portfolio?

I would tend to view the notes as being closer to high-risk, high interest bonds than as real estate. You are young and I would take the income from the notes you carry and start buying equities. If you find new, good real estate deals consider 30 year fixed-rate mortgages. I think there are one of...
by Lienlord
Sun Mar 10, 2019 12:06 am
Forum: Personal Investments
Topic: Ready to FIRE @ 55 with Real Estate Portfolio?
Replies: 28
Views: 3813

Re: Ready to FIRE @ 55 with Real Estate Portfolio?

From the income prospective you are good. What I would think about is asset protection from lawsuits. That’s what we are doing this year. Moving some assets int landtrusts/ LLCs and doing umbrella insurance Thank you for this. We carry an umbrella liability policy for a measure of protection. Also,...
by Lienlord
Sun Mar 10, 2019 12:02 am
Forum: Personal Investments
Topic: Ready to FIRE @ 55 with Real Estate Portfolio?
Replies: 28
Views: 3813

Re: Ready to FIRE @ 55 with Real Estate Portfolio?

Look back to the Great Recession and think about what could have happened to the value of your real estate and the income it throws off. Maybe you already know? Not that it was a good time for stocks either, but diversification — into bonds too — would have helped. Bogleheads are big on diversifica...
by Lienlord
Sat Mar 09, 2019 11:53 pm
Forum: Personal Investments
Topic: Ready to FIRE @ 55 with Real Estate Portfolio?
Replies: 28
Views: 3813

Re: Ready to FIRE @ 55 with Real Estate Portfolio?

I would also add that expenses need to account for Healthcare (could add over 1k monthly) if you are currently getting it through your job. Thank you, and I agree Healthcare will be a concern for at least 10 years until 65. Looking into taking COBRA in the short run, and considering a Health Sharin...
by Lienlord
Sat Mar 09, 2019 9:19 pm
Forum: Personal Investments
Topic: Ready to FIRE @ 55 with Real Estate Portfolio?
Replies: 28
Views: 3813

Ready to FIRE @ 55 with Real Estate Portfolio?

I realize this is a site devoted mostly to stock & bond investments, but I also know this is a site full of savvy investors with a lot of experience, so this is my first post seeking your wisdom & advice. I'm looking to retire in 12 months from my W2 job. My wife teaches privately ($3k per month) an...