classic_homeHi All,

As part of our ongoing mission to bring you the best and freshest content on the interwebs, you might consider checking out Stephen Davis’ piece on real estate investing. Its a great little outline on how you can accelerate your retirement wealth building using a snowball real estate strategy.

There is a lot of great content on the web regarding the basics of personal finance, but its rarer to find people who can show how you build wealth beyond the basics. Stephen’s piece shows you how to do this by owning rental properties. More importantly, there is very nice discussion in the comments regarding how you can get around limitations on financing multiple properties.

Check it out: How Owning 22 Rental Properties Can Retire You Faster Than $1M in a 401K


This entry was posted in Real estate, Retirement, Tips, Wealth by James Hendrickson. Bookmark the permalink.

Avatar photo About James Hendrickson

James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.

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Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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