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Updated 7 months ago, 04/19/2024
What Would you Do?
How possible is it to get started in 2024? I have about 15k liquid cash and live in MA. I'm looking at properties here (basically anything east of worcester and within an hour of Boston. Pretty much everything I've looked at either:
A) doesn't cash flow for about 15 years
B) would cash flow if you bought it with cash, but at that point you could get much better returns investing that money elsewhere
Even looking at house hacking it seems that the savings on rent (about 2.5k/month median) are outweighed by the significantly higher cost of purchasing property. Anyone have any firsthand take on this?