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From: Nic Hutty
Hi Everyone,
Can't tell you how much I love this forum.
I am a Newbie and have a question for a friend who is in desperate need of a retirement plan and I suggested IP could be one option for him.
Rich is 50 and has a low paid job, possibly $26,000/year. I am not sure if his young wife works or not. He owns his own home worth ~$270 000. How many properties do you think he may be able to buy? Will he have enough time to get things going before retirement? I think he should.
Any more info required?
Hutty
Hi Everyone,
Can't tell you how much I love this forum.
I am a Newbie and have a question for a friend who is in desperate need of a retirement plan and I suggested IP could be one option for him.
Rich is 50 and has a low paid job, possibly $26,000/year. I am not sure if his young wife works or not. He owns his own home worth ~$270 000. How many properties do you think he may be able to buy? Will he have enough time to get things going before retirement? I think he should.
Any more info required?
Hutty
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