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Updated 10 months ago,

User Stats

4
Posts
5
Votes
Nikesh Patel
5
Votes |
4
Posts

Starting out, spouse with high income/safety net

Nikesh Patel
Posted

So I have a job I don’t love. Want all of the things that real estate investing would offer in my life and most importantly want to be my own boss. I know I might work harder but at the end of the day it will be on my own terms and will go towards building a better future for my family. 

We are already a fortunately high net worth family. however, that is from my spouses W2 income, so at this stage we don’t really have anything tangible to “leave behind” and we want to try to build generational wealth for our child. 

Where would you start in this case? Obviously things like house hacking aren't even an option because we have a nice SFH with a family. We have enough in our account and enough of an equity in our home where we could really start with any type of investment so that's where it's difficult to choose where to go.

I think we just need to get that first investment done to get our feet wet and really get the ball rolling but wondering that with the fortunate situation I’m in with a great safety net already, is there a “best” way to start?

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