Which states are best for real estate investing? This is like asking which investment is best. You can really only know in retrospect and it'll depend on how things perform over the next 10-30 years. But there are a few things to know that would probably help. I discuss those in this episode as well as list the states that typically make the top of that list. But personally, if I was going to buy a rental property, I think the best place is down the street. It is easy to check on and you can fix the small things yourself without hiring a professional. If you want to invest in real estate outside of your state I think the best way to do that is through syndications or private real estate funds.
I also answer many listener questions in this episode about investing in a Roth or a tax deferred 401(k), what to do if you income goes up, mortgage forbearance, tax loss harvesting, multiple 401 (k) rules, small practice retirement plans, paye vs repaye, mega backdoor Roth contributions, keogh plans, and more. Lots of listener questions answered in this episode. See the full show notes at https://www.whitecoatinvestor.
This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. He is very responsive to me and to readers having any sort of an issue, so it is no surprise that I get great feedback about him from our readers and listeners. If you need to review your disability insurance coverage to make sure it meets your needs or if you just haven’t gotten around to getting this critical insurance in place, contact Bob at drdisabilityquotes.com