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Updated over 5 years ago on .

User Stats

27
Posts
5
Votes
Jason Cook
  • Raleigh, NC
5
Votes |
27
Posts

Go back in Time what would you do differently?

Jason Cook
  • Raleigh, NC
Posted

Hello everyone!

I am curious to hear what people would have purchased if they went back and did it again as their first house. I am thinking about purchasing a house next year and renting it out to my current roommates. I will have about $20k saved up by next year and probably thinking a 3 bedroom and 2 bathroom house or townhouse that is under $90k and charge about $550-$600 for rent based on my area. That would provide a cash flow of $200-500 if I still paid "rent". I am not sure if this is wise or if I should wait longer to save up more money and buy a unit that has more rooms to provide more cash flow.

I understand everyone is different but if they could've done one thing different to get to financial freedom quicker I would like to hear. Thank you