There comes a time in the lifespan of just about every business where the potential for growth (maybe substantial growth) is there, but additional capital will be necessary to make that growth happen.

I encourage all of you to ‘at least’ consider buying one rental this year (in or outside of your retirement account) and determine if it is a good fit for you.

Now of course, we realize that not everyone is in the proper stage of life, has the resources, know how, or even the proper mentality it takes to be a property owner. However, whenever possible, it should be considered as part of a comprehensive financial and tax strategy plan.