fduerr OP t1_jaa2ek8 wrote on February 27, 2023 at 11:05 PM

Reply to comment by Gwsb1 in Not sure what to prioritize at 28! by fduerr

I was thinking to live in, but I guess I could invest in a vacation condo. Mostly where I want to vacation is international or also in high COL areas.

Gwsb1 t1_jaa96ws wrote on February 27, 2023 at 11:53 PM

😆 I feel your pain . I also have a champagne taste and a beer budget. And of course you don't have to live where your real estate is. But a duplex and hire someone to rent and take care of it. Doesn't have to be vacation property.

And another option is go in with your friends on a place to live. That one gets tricky of course.

And as one person said , just keep doing what you are doing , but at a higher level. Keep saving investing in stocks. Compounding is very powerful.

fduerr OP t1_jaae1ov wrote on February 28, 2023 at 12:27 AM

thank you so much!!

AdditionalAttorney t1_jaagfko wrote on February 28, 2023 at 12:44 AM

Make sure you REALLY understand the numbers if you’re going to go the real estate route.

And make sure you have a very detailed agreement and a stomach to enforce it if it’s something you’re going to do w friends