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Updated about 7 years ago on . Most recent reply
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*NEED ADVICE* Brand New Career Uncertain About Investment Future
Good Morning BP Nation,
I have a burning question that's been on my mind for a few weeks now. I just graduated college and started my Financial Analyst job in Greenville, NC and it has been quite the ride already. Very long hours although I plan on staying here for AT LEAST 1 year and I've been researching the local market for about 6 months now.
I am currently paying rent which I know is a cardinal sin here in BP nation, my question to you is should I be looking into an investment property (single-family home with roommates/multi-family duplex with a roommate and renting the complete other unit)? I know I will be here for at least a year possibly longer so I need to hear other opinions. Paying rent is essentially shredding my money and throwing it away so I would love to hear some feedback on what y'all think!
Thank you so much in advance,
Sebastian Kressley