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Updated almost 2 years ago,
How much income should I allocate with a 200k salary
Hello everyone. I am an 18 year old freshman in college working towards a Phd in Economics. I will be around the age of 24 when I start working making around $200,000 a year plus whatever my partner makes. to make things simple let's call it $275,000 household income. I do not mind living below my means for a couple of years in order to start my real estate journey. My students loans will be around $1,000 per month which for my salary will no be a problem. The houses I look to buy for investing will be around $100,000-$150,000. How much should I save up per year so I can start investing after a few years. I plan on using the BRRRR strategy to also help finance future investments. Would love to hear your thoughts.