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Updated over 6 years ago,
I'm so excited to moving towards real estate
Hello everyone,
This is Eris. I've been listening to BiggerPockets Money podcast as well as the RE one.
I was a high school math teacher but I didn't like the job and wanted to quit after 2 years into the teaching. Plus I've always wanted to be a landlady. I knew I need money. So I figured I should start a business that way I could accumulate some savings for my real estate. So I did and ended up with $150k debt (still have about $100k). I was making $40k before tax as a teacher but now I'm making $100k on average. Yet your income doesn't equal to your wealth!
Anyways, I bought a house this year. I rented out 2 of the 3 rooms upstairs and I live on the first floor. I am not able to live for free but the rents help cover some of the mortgage.
I also bought a new car (huge regret!) but I need a car to commute to work (15 miles away). I bought my previous one and owned it for 10 years. Due to some reasons, I have to close (I kind of want to at the same time) my business. However, I'm so excited and yet scared at the same time to start the journey on becoming a landlady!
Thank you BiggerPockets for forming such a community so that we can support each other and share with each other!