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p.s. Flipping real estate -- eventually, you're going to want income. Transaction costs for real estate are high, man. I guess my major advice is "Slow down. Va
by vessenes 16y ago
p.s. Flipping real estate -- eventually, you're going to want income. Transaction costs for real estate are high, man. I guess my major advice is "Slow down. Value stability and income. Keep socking away the money, and invest it in areas unlinked to your primary earning potential (programming)."
- wagerlabs 16y agoBuying to rent should result in income uncorrelated to programing.
- vessenes 16y agoExactly!
- pontifier 16y agoIt's not that easy. Ideally yes, but when you get into it you find the scum of the earth will grind your property into the ground and laugh at you as you try to collect a months back rent and damages from an unemployed single mom in court while your newly trashed and un-rentable home sits vacant because her 5 kids ripped it to shreds and it will cost the thousands you spent on repairing the last place to repair this one. But otherwise right on.