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I wouldn't rush to spend $200K on a condo in City B. That $200K is just the start. Once you get into furnishings, insurance, repairs, maintenance, and everythin
by PragmaticPulp 5y ago
I wouldn't rush to spend $200K on a condo in City B. That $200K is just the start. Once you get into furnishings, insurance, repairs, maintenance, and everything else it's going to get expensive fast. Even if it's affordable, it turns into a lot of hassle very quickly.
I'd look for 1-month or longer fully furnished rentals and start there. It's not hard to find reasonable rates if you're willing to rent for more than 30 days. Try it for a long while and if you really, really like it then you can consider buying.
- 999900000999 5y agoMy other fear is with inflation it might be a good idea to buy property. If things get rough I can always live in City B full time and visit City A. City A doesn't have affordable property anywhere near public transportation.