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Hi Guys,
I loved reading this post, as it is similar to the one I've just posted, asking for advice see: https://www.propertyinvesting.com/forums/property-investing/creative-investing/4332468
If I can offer you some advice – living with your friend will be harder than you expect – if you can do it for the short term go for it. It might be easier than the situation I find myself in, in that you will be living with him – you sharing his space, rather than people sharing yours. I have shared with people since I was 18, and buying my own house, I thought that would be all behind me – at 26 I'm now fed up with sharing – but still want financial independence. Perhaps its easier for blokes, less emotional attachment I think??
I'm a 26 year old female – and I believe kids will have an impact on my ability to invest. I have my own 3 bedroom house and I rent out two of the rooms, the money I make is poured straight back into the house – normally at this point as renovations. Having gone through the sacrifices to attain my own home, now sharing it with people – well its horrible. I am considering renting a nice little place somewhere else and renting out my whole house instead of sharing – hopefully this will free up some cash for me to re-invest. My long term goal is to build a property portfolio, but having started only 12 months ago i'm not too sure on which step to take next. Any advice would be appreciated.
I would love to hear what decisions you made, and how your situation turned out.
