3 ms·
I wish you well, and I don't think your plan is totally crazy, but I think $3K is not enough runway for SF. $5K is better. But at $3K, everything has to go righ
by neilk 18y ago
I wish you well, and I don't think your plan is totally crazy, but I think $3K is not enough runway for SF. $5K is better. But at $3K, everything has to go right. A single disaster would ruin everything, like:
- Your freelance gigs not paying you in time
- Finding that your new roommates are impossible to live with
- Getting tossed out of your new place when your housemate wants his girlfriend to move in
- Some unexpected expense (car accident, hospital visit)
Also, you will not believe what some people are offering for those $700/month apartments. On Craigslist at that price, you might find generally terrible places with sketchy roommates and your "room" may literally be a former closet. Believe me, I have seen them. I am very frugal about rent so I have investigated those sorts of listings. There are $700/month rooms that are halfway decent but those don't tend to pop up on Craigslist. Working your friend network in SF might be the best option.
And, your estimates of expenses are too low.
Still, if you are looking to just break even, it might be worth a try. Just be prepared to go home or try to get a parental loan (if that's possible) if it doesn't work out.
Ditto on the false economy of living in the peninsula. Unless you are trying to get a job at one of the Palo Alto or Mountain View area startups.
There are a lot of cool things going on in Oakland so I would consider that as a possibility, but it's also more complex for a newcomer to figure out a decent place to live, and transit is considerably more expensive.