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Updated almost 6 years ago on . Most recent reply

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8
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2
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Bryan D.
  • Central Florida
2
Votes |
8
Posts

soon to be homeless with 300K

Bryan D.
  • Central Florida
Posted

Hi all BP members! With all the experienced pro's I was hoping for some input on my situation. I just recently lost my job after 9 years to downsizing, the company wants to do more with much less. I can't afford the mortgage on my house due to the lack of job opportunities in this area of florida. Once I sell my house and a few other things happen I should have roughly 300K at my disposal with zero debt however I still need a place to live. I definitely want to "house hack" however I want to do more than that. I am single and I don't have as much as a pet rock depending on me so however sad that is it does allow certain freedoms. I would prefer to live in Florida with all the other crazies but I can move anywhere. My handyman skills are decent and I have tools from a hammer to a tractor. I know if I find decent employment I should be able to build my rentals up within 2-3 years where I could quit giving my time to someone else but feel with right approach I could cut that timeline down considerably. I have had enough of working for someone else. I have spent years wanting to get into REI's and haven't taken the plunge and now is the time. Any and all input is appreciated.

Most Popular Reply

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9,999
Posts
18,561
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Joe Splitrock
  • Rental Property Investor
  • Sioux Falls, SD
18,561
Votes |
9,999
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Joe Splitrock
  • Rental Property Investor
  • Sioux Falls, SD
ModeratorReplied
Originally posted by @Nathaniel Cherubini:

@Account Closed  I typically don't weigh in on comments that are not helpful to the OP but in this instance I find your post to be wildly insulting and unnecessary. This site is about a community that helps each other out, not calling each other out or in your case, making things up and being insulting. The OP never mentioned "homeless" so I don't even know where you came up with this ridiculous post. Bigger Pockets is better than this. I do not pay and renew my Pro membership to deal with hateful people that are looking to drag others down. Please find another community to harass.

The OP did refer to being homeless in the title of this forum post. Reading his post, the obvious context was homeless because he is selling his home and will not have one. I don't think there was any disrespect meant to homeless people. Responses on BP should be focused on the post topic and attempts to simply run people down are considered trolling which is not allowed. At the same time, BP is about healthy discussion which sometimes involves topics that cause disagreement however it should be done respectfully.

  • Joe Splitrock
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