- Joined
- Jan 14, 2011
- Messages
- 97
Just trying to bounce ideas off some brainy heads. I plan on selling my 2 single families in Regina next year. Im banking on a modest 100k returned to me. My original thought was to turn that into a 4-plex in Edmonton for 650k with 135k down (ill save up for the rest or use RRSPs). I figure i could get around $1200 cash flow if i self manage.
Then i was looking at the private loans i have been doing that offer 18%+ROI, effectively giving $1500/m with no management issues with 100k. My plan is to simply have $3500 in cash flow so i can take a gap year and motorcycle to Argentina and back, so i like the idea of great passive cash flow.
Wondering what others would do given my current goal.
Sent from my SM-G930W8 using myREINspace mobile app
Then i was looking at the private loans i have been doing that offer 18%+ROI, effectively giving $1500/m with no management issues with 100k. My plan is to simply have $3500 in cash flow so i can take a gap year and motorcycle to Argentina and back, so i like the idea of great passive cash flow.
Wondering what others would do given my current goal.
Sent from my SM-G930W8 using myREINspace mobile app