Tag: rental property
Go Ahead, Buy a home when you leave Active Duty*

Go Ahead, Buy a home when you leave Active Duty*

This is a friendly rebuttal to Nords’ recent post Don’t Buy a Home as you Leave Active Duty. The GubMints family has lived in the same North San Diego home we bought back in 2000, 4 months after leaving Active Duty. I’m here to show you that you CAN make it happen, but not without sacrifice. Post Length: ~ 1750 Words ...

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Don’t Buy A Home When You Leave Active Duty

Don’t Buy A Home When You Leave Active Duty

  Over three years ago, I suggested that buying a home on active duty is setting yourself up for financial failure. That post has aged exceptionally well, and now it’s time to double down. Don’t buy a home as you leave active duty, either. You’re setting yourself up for more financial failure and a heartache ...

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3 Steps to Retire Early on a Military Salary

3 Steps to Retire Early on a Military Salary

This post is brought to you by Rich of RichOnMoney!  If you're interested in contributing at The-Military-Guide.com, please see our posting guidelines.   BLUF: In college I paid off $32k in student loans in a year. On a military salary I paid off a $280k mortgage in seven years. I've bought several rental ...

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What’s The Next Step To Financial Independence?

What’s The Next Step To Financial Independence?

A reader writes: Hi Nords, I have a few questions I'm hoping you can help me with. I trust your expertise in these matters. I am currently an E-8 with seven years to go until retirement. I am hoping I make it to 20 years active and can retire an E-9. I'll be 48 years old at that point and don't really want to ...

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“Should I Invest In Real Estate?  Or Buy Stocks?”

“Should I Invest In Real Estate? Or Buy Stocks?”

A reader writes: "My spouse and I are in our late 60s and we've wanted to buy an investment property near our home for a long time. Our current home is almost paid for and we have no consumer debt. "I'm looking to make a move on the condo purchase with IRA funds, but have not done it yet. Looks like if I rent it ...

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Out Of Debt & Heading For Financial independence

Out Of Debt & Heading For Financial independence

A reader writes: "After seeing a couple of your posts on the Mr. Money Mustache forum I checked out your book from the library and finished it in a day. It was great but I would love your opinion on what to do in my own situation. My spouse is a junior officer. We married nearly six years ago with significant debt. ...

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