Choosing the Right Location for Real Estate Investments

This chapter discusses the importance of selecting the right location for real estate investments, focusing on job growth in North Texas and the benefits of investing in Florida. Different investment strategies, including buy and hold and leveraging, are also explored. The chapter concludes with advice for individuals starting late in real estate.

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Can you start real estate investing in your 40s, 50s, or 60s? We’re here to prove that it’s 100% possible, even if you have zero real estate experience or feel like you’re getting a “late start” to rental properties. You don’t need a lot to begin, and if you have some of the basics down, you can go from zero rental properties to twenty like today’s guest, Kim Woolf Bosler, who started her real estate portfolio at age fifty-six, with six children and twenty grandchildren!

But before we get into Kim’s fast-paced property story, we’ll chat with Kyle Mast, the financially-free CFP (certified financial planner) who already achieved financial independence with the help of real estate investing. Kyle is here to help show that even if you don’t have millions of dollars in the bank or rental property experience, you can STILL invest, no matter your age. He’ll talk about where to pull money from, how to increase your income in retirement, home equity, and more!

After some solid tips from Kyle, Kim will share her story of going from primary residence owner to building a portfolio of twenty properties in a VERY short amount of time. Now she has the flexibility to live every day as she chooses and use all her extra income to spend time with her BIG family! You can copy Kim’s exact strategy by tuning into today’s episode!

In This Episode We Cover:

How to start investing in real estate in your 40s, 50s, or 60s

Using your retirement accounts (like 401(k)s) to buy your first rental property

Scaling your passive income FAST with out-of-state investment properties

Home equity lines of credit (HELOCs) and leveraging yours to invest

1031 exchanges and turning taxable gains into a tax-free “dream house”

And So Much More!

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