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Updated over 7 years ago,
REI while renting an apartment?
Hello Everybody,
Here is my situation,
I am very eager to jump into REI however I just signed a 15 month rental lease with my girlfriend. Do you think it is a good idea to try and pursue long term buy and hold rental properties while still paying $600/month in rent? Or would it be wise to wait until the lease is up and have my next residence be a house hack so I will not have the added stress of having a fixed rental payment on top of a mortgage payment etc. ?
I am 22 years old with about 30k in savings. I am currently looking to invest in the Cincinnati/Dayton, Ohio market (where I currently live).
Any advice is greatly appreciated.
Thank you,
Jordan