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Updated almost 4 years ago on . Most recent reply
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Want to invest, but renting an apartment, what can I do?
Hello BP Community!
Been awhile since my last post, but have been thinking about this for a little bit now.
I am currently under a lease agreement for a single person apartment for the entirety of 2021, but I want to take action in my real estate investing career. Feel like I am stuck and can't do anything until the lease is up.
Looking to eventually house hack/manage 2-4 unit multifamily home to get going.
Currently in the process of getting my real estate license as well.
Thoughts on how I can keep preparing/make the next step in my real estate investing career?
Thank you all for the time!
Best,
Bill Walker
Most Popular Reply
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Calculate how much you will add to your net worth in mortgage paydown, appreciation, cash flow and not paying rent. Then calculate how much you will lose from breaking a lease. Then your next move will become obvious.