4 ms·
If I was in your position I would save like mad for the first couple years to get a down payment and then buy a modest 2-3 bedroom house and rent out the spare
by pmorici 11y ago
If I was in your position I would save like mad for the first couple years to get a down payment and then buy a modest 2-3 bedroom house and rent out the spare rooms it's a great way to get financial independence early on if you have the discipline to make it work.
- roymurdock 11y agoWhile owning real estate would be nice, I'm not too interested in becoming a landlord. I see the wisdom in your advice (this country was founded and continues to thrive on strong property rights) I just don't think the tradeoff of my time and energy managing a household would justify whatever rent I could pull in from a 2-3 bedroom in Somerville MA, Silverlake CA, Austin TX, Oakland CA, or Queens NY.