Josh Plave: Achieving Early Retirement and Wealth through Multifamily Real Estate Investing

by | Apr 23, 2023 | Self Directed IRA

Josh Plave: Achieving Early Retirement and Wealth through Multifamily Real Estate Investing




Work Hard, Invest Harder Podcast Episode 2

Take the fate of your retirement off the stock market and invest in something more stable with Josh Plave, who outlines different ways to use your self-directed IRA in real estate. So, tune in to gain valuable insights and turn your early retirement dream into reality!

Key takeaways to listen for
• How to start investing using your retirement account and self-directed IRA
• Things to look out for before using your SDIRA to invest in real estate
• 2023 real estate market and interest rate outlook
• The significance of focus and specialization in achieving real estate growth
• Surprising time freedom benefits of real estate investing

Resources
• Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle – and Mass Market Paperback –
• Vanguard –
• Fidelity Investments –
• Blue Ocean Strategy, Expanded Edition by W. Chan Kim | Kindle – Hardcover – and Paperback –
• To get access to Josh’s UBIT calculator for Limited and General Partners, go to ubitcalc.com –

About Josh Plave
Josh is the founder of Wall to Main and a full-time multifamily investor. Holding a portfolio of over 1,500 units across seven markets, Josh is a General Partner across 10 properties spanning 800 units. Josh’s experience in retirement accounts began at 16 when he opened his first Roth IRA and began trading equities. ​Since then, after the unfortunate passing of his grandfather and mother, he was left with multiple Inherited IRAs.

Through careful research and structuring, Josh has been able to further the legacy of prior generations and accelerate the growth of his family’s capital. This experience led to the creation of Wall to Main, where the lessons learned and opportunities found are meant to be shared, free of cost, for those who seek to preserve and grow their wealth for a prosperous future.

See also  Self-Directed IRA Strategies for Self Storage Investing

Connect with Josh
• Website: Wall To Main Investments –
• LinkedIn: Josh Plave –

CONNECT WITH US

Are you looking for the easiest way to grow your passive real estate portfolio? Visit Great Venture Capital to join our Investor Club today!

Follow Our Social Media Pages

• Facebook: Great Venture Capital –
• LinkedIn: Great Venture Capital –
• Connect on LinkedIn: Justin Dixon –
• Email: Justin@GreatVentureCapital.com…(read more)


LEARN MORE ABOUT: IRA Accounts

TRANSFER IRA TO GOLD: Gold IRA Account

TRANSFER IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA


Retire Rich and Early Through Multifamily Real Estate with Josh Plave

Retiring rich and early is a dream for many people, but it’s not an impossible feat. One way to achieve this financial goal is through multifamily real estate investment, which can provide a steady stream of income and potential for appreciation over time. Josh Plave, a successful multifamily investor with over a decade of experience in the industry, is a prime example of how this strategy can lead to financial freedom.

Plave’s journey into real estate investing began in 2008 when he was a fresh college graduate with a degree in economics. He landed a job in the corporate world and quickly realized that he wanted more out of life than just working 9 to 5 for the rest of his career. He set his sights on real estate investing and started educating himself through books, podcasts, and networking events.

In 2011, Plave made his first multifamily real estate investment in Texas, a decision that proved to be a wise one. He purchased a 24-unit property with the help of private investors, and over the next few years, he turned the property around through renovations, tenant screening, and better property management. The property’s value increased, and the monthly cash flow grew, leading to a significant return on investment.

See also  Partnering Self-Directed IRAs

Since then, Plave has invested in several more multifamily properties, and he’s developed a reputation as an expert in the industry. He’s even published a book called “The Freeway Guide to Navigating Multifamily Property Investments,” which provides valuable insights and advice to other investors looking to follow in his footsteps.

For Plave, the key to success in multifamily investing is to focus on cash flow and long-term appreciation. Cash flow ensures that the property generates enough income to cover expenses and provide a return on investment. Long-term appreciation means that the property’s value will increase over time, especially if you make improvements and keep it well-maintained.

Another factor that has contributed to Plave’s success is his ability to leverage other people’s money to invest in properties. He’s been able to raise capital from private investors, which has allowed him to acquire properties with little to no money down. This financial strategy has opened up opportunities for Plave to invest in larger and more profitable properties without depleting his own savings.

Plave also recommends finding a mentor or coach who can guide you through the complexities of multifamily investing. Real estate investing can be a daunting task, and having someone who’s been there before can make a big difference in your success. Plave credits his own success to the guidance and support he’s received from mentors and coaches over the years.

In conclusion, retiring rich and early through multifamily real estate is a viable option for anyone willing to put in the time, effort, and capital required to achieve financial freedom. Josh Plave is a shining example of this, having turned his passion for real estate investing into a successful career that has allowed him to retire early and enjoy the fruits of his labor. If you’re interested in following in his footsteps, consider investing in multifamily real estate with the guidance of a mentor or coach and a focus on cash flow and long-term appreciation.

See also  Beginning a small business using your DirectedIRA Self Directed Account
Truth about Gold
You May Also Like

0 Comments

U.S. National Debt

The current U.S. national debt:
$35,951,601,173,936

Source

ben stein recessions & depressions

Retirement Age Calculator

  Original Size