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Updated over 5 years ago on . Most recent reply
When did you buy a truck?
Living in NH and doing some of the renovations myself, I am feeling the itch to buy a used truck! But with only one duplex under my belt, it definitely makes more sense to save the money and invest in additional properties before I go off and purchase a pickup truck (third vehicle). I'm curious to hear from other landlords out there who have probably gone through this mental debate - how many properties did you acquire (and assumedly self manage) before you just had to go buy a pickup truck?
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This sounds like the kind of choice made by the chronically middle class. I doubt your duplex justifies needing a truck 24/7, particularly as a third vehicle. Then again, maybe your duplex is killing it and you deserve a reward?
I'm the guy driving a used beater while sitting on a net worth of $1 million. When I need a pickup, I borrow it from my buddy that's renting an apartment and living paycheck to paycheck.
- Nathan Gesner
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