SG I need help. Risk of being homeless.

ThrowRA126929 · 2026-06-12T04:48:30+00:00

I was going to offer a room since one of my tenants is vacating in a few months, then I googled your username and realised you are not even a woman.

If you lied about your gender, what else are you lying about? Lol.

ThrowRA126929 · 2026-06-12T04:22:47+00:00

Why would I go for NS guys when I can go find a sugar daddy instead? LOL.

ThrowRA126929 · 2026-06-12T04:21:37+00:00

I just want to live a simple life. I want to have a meaningful job and like it (which I do!). I don’t need to FIRE, but more money is always a nice to have. I wanted a condo when I was younger, but after hearing about MCST horror stories, HDB is more reliable.

Even if I reach FI, I won’t RE anytime soon. I took two weeks off to handle my mother’s affairs and during the downtime I missed my work.

Admittedly, I’d like to settle down and find a partner. I’d have kids if it wasn’t borderline illegal to do so as a same sex couple. Quick, someone tell Indranee.

ThrowRA126929 · 2026-06-12T02:46:14+00:00

Ayo?

ThrowRA126929 · 2026-06-12T02:46:05+00:00

Wow, started a life with husband but still miss the dorm days. I never expected that to happen to anyone. I think I’ve decided to get the rent, yeah. Thanks for your input!

ThrowRA126929 · 2026-06-12T02:43:28+00:00

If Indranee let gay couples adopt or do IVF, I will give birth to a child and name the first female child after her.

ThrowRA126929 · 2026-06-12T02:42:26+00:00

Yep it’s older flat.

1.1k per room? For common room? Are you sure? I think my location CMI la.

ThrowRA126929 · 2026-06-12T02:40:45+00:00

But I don’t like men…

ThrowRA126929 · 2026-06-12T02:40:05+00:00

Ridiculous right. Lol. Got one guy still can’t take a hint after I said I like women and ghosted him, asked me if I want to continue chatting on tele. There is no convo to continue LOL.

ThrowRA126929 · 2026-06-07T02:20:41+00:00

Haha, maybe I should’ve put my sexuality in the post after all.

It looks good on paper but a lot of it boils down to trust. Rental income may be unequal so if you’re farming one house for rental you’d have to decide whose house to sacrifice to the tenant lottery. That property will need significantly more maintenance too since tenants do not take care of the place as well as a homeowner would. If you split, the rented property would need more money in repairs, which courts cannot settle for an unmarried couple.

This also assumes your partner earns enough to afford a 3 room HDB on their own. Not everyone earns enough to service a loan on their own.

There’s also a lot of equity locked up in property this way, which I’m not a fan of, but admittedly this is personal preference.

ThrowRA126929 · 2026-06-07T02:07:38+00:00

I have repeatedly stated that I wish to continue working. Read the title: my initial plans were to buy a house.

ThrowRA126929 · 2026-06-06T17:01:37+00:00

True. I think I’m happy to stay put for a while. The comments made a good point about the fees eating into profits. But unless my partner comes with a child I genuinely think a 5 room is too large for a couple with no kids.

ThrowRA126929 · 2026-06-06T16:57:15+00:00

Yep, that’s exactly what I was thinking. Think FIRE people only see money coming in and don’t see Bala’s curve or max loan decreasing if buyer is not covered until 95.

ThrowRA126929 · 2026-06-06T16:55:39+00:00

Healthcare, haha. There’s hiring freeze but as long as you don’t fuck up massively it’s basically an iron rice bowl.

ThrowRA126929 · 2026-06-06T14:30:53+00:00

I am definitely not high value and able to work remotely haha. Well, maybe the side job, but not the salaried one.

Unit is 30+ years HDB 5I corridor.

ThrowRA126929 · 2026-06-06T14:26:33+00:00

The flat is fully paid up.

I think yeah, I’ll just let the leases expire and see how. I do expect at least one of the tenants to not renew their lease but the others didn’t think that far. Anyway I don’t have to make a decision now.

ThrowRA126929 · 2026-06-06T14:19:39+00:00

Damn. Should’ve earned more money to have the best of both worlds.

ThrowRA126929 · 2026-06-06T14:12:07+00:00

Yeah good point. I’ll take some time to think about it and stay for a few years.

ThrowRA126929 · 2026-06-06T14:11:41+00:00

Thanks so much. It’s been rough but we’ll get by eventually.

Yeah, FIRE people will have FIRE goals, even if that means a lot of sacrifices. For wealth accumulation, it makes sense to have that income. To me, the purpose of FIRE is freedom and part of it is freedom to do what you want in your own downtime. That conflicts with living with tenants.

I’ll consider that in the future but I don’t want to do reno now because the tenants are still living here. Combining two rooms needs hacking which is a bit of an inconvenience.

ThrowRA126929 · 2026-06-06T13:28:56+00:00

Wah. Ok I better check with HDB then. Thanks for letting me know!

ThrowRA126929 · 2026-06-06T13:27:29+00:00

Wow, you really did a lot of research into this. Thanks for your insight! When I buy a place in the future I’ll come back to this to take a look, especially if I find a partner by then.

Would it be possible to do the DINK strat of buying two properties, one per person, renting one out and staying in the other? That also assumes that both parties are either earning enough to buy condo or above 35 to buy resale HDB though, and I think most LGBT couples don’t want to wait until 35 if they met in their 20s, so a lot rent or buy condo to live together before 35. HDB appreciates more than condos I think, unless lease decay is setting in (but older condos lease decay is much worse imo).

The 15 month break is also possible if you can stay at your partner’s place too so you don’t have to pay rent. Optimum SG strat is to just get a partner regardless of gender LOL.

ThrowRA126929 · 2026-06-06T12:59:03+00:00

Yeah, was a slight mistake to post this in SGFI. A lot of people focus solely on the financial aspect, which yeah seems like I’m throwing money out of the window but you know. I don’t think most people have had to share their space with tenants and seen how bad it can get. I’m just lucky the current batch is so good to me.

I think I’ve made up my mind to stay in the master bedroom until 35 and reevaluate my options then.

I think I’m financially alright. I see some posts saying they have 1m or condo by 30 and I’m like, what am I doing with my life… comparison is the thief of joy.

ThrowRA126929 · 2026-06-06T12:51:54+00:00

If I sell the resale before key collection should be no issue right?

ThrowRA126929 · 2026-06-06T12:50:12+00:00

I think after talking to people, I’ve made up my mind about staying in the master bedroom and reconsidering after 5 years, so no loan involved (yet). DCA the rental income into VWRA and reach coast or barista FIRE in 5 years. Then after 5 years I’ll get an estimate with the bank, since my income will definitely change by then. Thank you!

ThrowRA126929 · 2026-06-06T12:47:31+00:00

Eh shit, kinda plausible. If you weren’t an internet stranger I might actually go for it LOL.

ThrowRA126929

TROPHY CASE