To: LittleBillyInfidel
That's EXACTLY what you do! Then, start buying bulks of multi unit real estate to rent out, which should be professionally managed. I have repeatedly suggested that for professional athletes, especially those who receive large signing bonuses. Make a 35-40% downpayment on a couple of well-located, well managed apartment buildings with the cash flow to carry the financing plus a profit. Then if everything goes south on you you'll always have a place to live and an income.
214 posted on
10/24/2018 6:46:14 AM PDT by
JimRed
( TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
To: JimRed
Beautiful!!
... JimRed, Can you help me set up a “Solo K” for my new real estate investment business, LLC? I’ll, of course, pay you. Sounds like you would know how.
218 posted on
10/26/2018 7:21:03 PM PDT by
LittleBillyInfidel
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