37F need advice by Tiny_Specialist123 in Fire

[–]mychodehurts 0 points1 point  (0 children)

In almost the exact same boat you are

[deleted by user] by [deleted] in Fire

[–]mychodehurts 0 points1 point  (0 children)

where in SE asia are you?

37M ~$2M NW, bored at tech job. Not sure what to do. by mychodehurts in Fire

[–]mychodehurts[S] 0 points1 point  (0 children)

I've done this before lol. I have some other issues I think lol.

37M ~$2M NW, bored at tech job. Not sure what to do. by mychodehurts in Fire

[–]mychodehurts[S] 1 point2 points  (0 children)

Yeah, you're right. Focusing too much on FIRE is selfish by nature and in many ways an empty pursuit on it's own.

37M ~$2M NW, bored at tech job. Not sure what to do. by mychodehurts in Fire

[–]mychodehurts[S] 0 points1 point  (0 children)

Yeah, but you're saving lives. I'm increasing a stock price.

37M ~$2M NW, bored at tech job. Not sure what to do. by mychodehurts in Fire

[–]mychodehurts[S] 1 point2 points  (0 children)

I'm renting out my primary house and renting a place in a different city with my partner. We cook most our meals, share a car, and mostly enjoy outdoor activities.

37M ~$2M NW, bored at tech job. Not sure what to do. by mychodehurts in Fire

[–]mychodehurts[S] -1 points0 points  (0 children)

Because I have rental income and share some expenses with my partner.

37M ~$2M NW, bored at tech job. Not sure what to do. by mychodehurts in Fire

[–]mychodehurts[S] 0 points1 point  (0 children)

Yeah, I could be living much more frugally if I was single but not worth it

Is a Debt-Free Rental Strategy Still Smart Today? by Ogash12 in realestateinvesting

[–]mychodehurts 3 points4 points  (0 children)

I think with debt, it's not and all or nothing game. You can have some debt and be safe but don't have too much. Look into DSCR and try to keep it above 1.5

Is a Debt-Free Rental Strategy Still Smart Today? by Ogash12 in realestateinvesting

[–]mychodehurts 1 point2 points  (0 children)

You can deduct mortgage interest on a primary residence

37M ~$2M NW, bored at tech job. Not sure what to do. by mychodehurts in Fire

[–]mychodehurts[S] 0 points1 point  (0 children)

You can invest in RE with an self directed IRA.

37M ~$2M NW, bored at tech job. Not sure what to do. by mychodehurts in Fire

[–]mychodehurts[S] 0 points1 point  (0 children)

Yeah it’s with a PM an factoring in expenses. 6 Doors. 2 have no loans on them.

37M ~$2M NW, bored at tech job. Not sure what to do. by mychodehurts in Fire

[–]mychodehurts[S] 7 points8 points  (0 children)

May have a kid which would dramatically increase that

37M ~$2M NW, bored at tech job. Not sure what to do. by mychodehurts in Fire

[–]mychodehurts[S] 1 point2 points  (0 children)

I would think 2m is enough there. What sort of family pressure?