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Updated about 3 years ago,
Getting "Serious" About REI in 2022
Hi BP forums,
I've been trying to learn more about REI over the past year. I'm very interested in real estate investing so as not to have to worry as much about financial security/retirement, but also to get out of the 9-5 rate race. I'm not looking for luxury and opulence (though of course, that would be nice), but 1) to be able to travel (better once we establish a new normal with covid), 2) quit my 9-5 job to be able to work on passion projects/non-profit work 3) feel comfortable having children in the future and not worrying about that financial burden and 4) establishing generational wealth.
I live in Denver, which feels like a HCoL ara, especially compared to my hometown in Georgia. Long story short: credit score is around 760, about $20k gifted for down payment use only, and about $12000 in debt at an avg of 6.44%, which I'm actively working to pay off more than the min. I'm sure there are additional facets needed to give a complete picture, however...
Who would I talk to to see if it make sense financially and they also understand REI ? Any suggestions for someone in the Denver area? In your opinion, am I in a position to join one of the many REI bootcamps that are out there?
Any thoughts would be greatly appreciated.
TYIA