Millions now remote work! Time to see rental properties as retirement planning.

Millions now remote work! Time to see rental properties as retirement planning.

Adiel Gorel, Owner of International Capital Group says \"With remote working becoming the new norm, millions of families are choosing to move from the cities and rent in the suburbs.\" Investors must accept that these changes effectively create masses of people looking to rent single- family homes with a yard and a home office.

I see each home as a personal retirement plan for the investor that acts now.\" Adiel has helped thousands of investors understand the benefits of retirement planning by investing in rental properties. As an investor, you could substantially increase your bottom line just by acquiring a good home in a good area with a down payment and a 30-year fixed-rate loan.

View each rental property as a business with the sole objective of creating what Adiel Gorel calls \"Remote Retirement Riches,\" the title of Gorel's book. Great long-term renters make retirement planning a joy for you, and you can watch your retirement riches grow continuously over time.

Fannie Mae enables an investor, to put a minimum down payment of 15% with private mortgage insurance or PMI. Many people choose to put 20% with no PMI.

With the minimum down on a home that's $250k, 15% would be $37,500 plus the closing cost and the loan costs, which can add another $10,000 as an example. Looking at it through this simple lens, a first-time investor would need $47,500 rounded up, a little less than $50k.

That equation translates into a retirement plan where the renters pay off the mortgage increasing your bottom line, inflation erodes the value of the loan increasing your bottom line, and at any point, an investor can take money out of the rental property and invest in an additional single-family ho How many rental property mortgages can one person have? The answer is not super simple, but most people refer to the Fannie Mae mortgages.

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