www.askrogeranything.com Question from Ken M. in Ohio- Real Estate, investing, and retirement (VIDEO)

[rogercbryan]

Question:
Kenneth Marchinko I ALSO GOT STARTED WITH VEHICALS BEING THE BASIS OF MY BUISNESS PLAN. I CURRENTLY OWN A MUFFLER SHOP IN MY HOMETOWN. FOR THE LAST 3 YEARS HAVE TAKEN ALL THE PROFIT AND BOUGHT RENTAL PROPERTIES IN GOOD SOLID SCHOOL DISTRICTS, APPROX 15 I HAVE PAID CASH FOR ALMOST ALL BUT 2 WAS WONDERING IF I SHOULD TAKE
LOANS OUT AND INVEST IN OTHER THINGS AND KEEP GROWING APPROX 450,000 GROSS SALES 3 EMPLOYESSS SORRY FOR GRAMMAR AND FONT I HAD ARM HAD SURGEY WE HAVE SAME EDUCATIONAL BACKGROUND AND I HAVE 13 YEARS IN FIRE DEPT WAS WONDERING IF I SHOULD ADD ON TO BUILDING MORE BAYS HIT COMMERCIAL REALESTATE, I HAVE ABOUT 100K IN THE STOCK MARKET IN DODGX I ALSO LEASE U HAUL TRUCKS WOULD LIKE A VIDEO RESPONSE DUE TO MY CONDITION HOW MUCH SHOULD U HAVE AS LIQUID CAPITAL I WANT TO RETIRE BY 48 BUT YET PROVIDE FOR MY 4 KIDS A GOOD EDUCATION AND NOT HAVE TO WORK AS HARD THANKS

Watch my response here: www.askrogeranything.com Question from Ken M. in Ohio- Real Estate, investing, and retirement | Roger Bryan's Blog

[DerekS]

Great advice. I especially liked the suggestion to forgo liquidation despite the temptation of low interest rates. In the scheme of things, if you don't need all of that equity, you might as well leave it in place. Especially if we're heading into an inflationary period.

Two thumbs up.