๐๏ธ Podcast Co-Host {Vaginance} | Crypto Columnist {Highroller Magazine} | ๐จ๐ฆ Canadian who fell in love with ๐ฎ Austin, Texas | ๐ค Software Engineer
Have you ever noticed how *boring* financial education is? Yeah, us too. So we're on a mission to change that.
It's time to take care of your money so your money can take care of you.
#FinancialEducation#FinancialIndependence#ship30for30
@FrankScapp I was running the numbers on a basic student loan scenario for an upcoming podcast episode & it was horrifying.
You know the feeling of excitement you get calculating the compounding real estate market appreciation knowing your mortgage is locked in? It was the exact opposite.
@FrankScapp I actually advocate for the fewest, well-chosen properties that max one's borrowing power/comfort level.
Ie. These scenarios involve managing just 1 property:
Primary Residence To Investment
https://t.co/IBJl9hyANW
Value Of A Single Investment Property
https://t.co/PPEA2ixAk3
So you don't want to be a real estate mogul and you don't want to spend all your time managing properties, I get it.
But how much is just ONE investment property worth?
@FrankScapp Thanks Frank! I agree that the typical way single family real estate investing is framed focuses on the "number of doors" you own... which definitely leads to scaling, financing & management issues and makes it unapproachable for someone with a family & full time job.
Renting has a lot of perks, no argument there.
But have you ever sat down and run the numbers for your own situation?
If you continue renting for the next 5 years, how much do you anticipate the total cost will be?
#ship30for30
https://t.co/9Kn95nGQhB
Have you ever noticed how *boring* financial education is? Yeah, us too. So we're on a mission to change that.
It's time to take care of your money so your money can take care of you.
#FinancialEducation#FinancialIndependence#ship30for30
So you don't want to be a real estate mogul and you don't want to spend all your time managing properties, I get it.
But how much is just ONE investment property worth?
#ship30for30
https://t.co/xSH2jrQRXr
So you don't want to be a real estate mogul and you don't want to spend all your time managing properties, I get it.
But how much is just ONE investment property worth?
We're working on a guide that helps you run these Buy vs. Rent calculations specific to your own situation and real estate market. Let us know if you want to be the first to test it out! /12
Examples include: property taxes, renter's/homeowner's insurance, closing costs, PMI which can be appraised out of early, estimated maintenance costs, HOA fees, moving costs, security deposits etc. /11