![An imaginary 25 year old with an imaginary budget. House cleaner? Donations? [653x573 - 530KB]](https://pic8.co/sh/wh5QbA.png){kind=link}
Yeah shits way over valued right now. It's only really worth ~$220,000. At that price point $900 a month would be the estimate which is closer to what the other guy is paying.
In any event buying the house now at the overvalued amount is still less than the $2500 a month bill for rent you quoted.
Sure the payment is lower. But to get into that little $440k house with closing costs and every everything would still mean I had to have a $90,000 in cash to put down. After taxes that’s about $150,000 in earnings.
I lost my business during the commie covid lockdowns and lost about $93,000 of my own money. So I’m starting from scratch and renting is my only option until I rebuild.
Restaurant?
No. I have a consulting company and long story short, my business relied on in-person freedom of movement, attending live conferences and events, speaking, etc. In this business you only grow if you either A) have a lot of cash already or B) can go get to clients in person gaining the necessary edge over competitors who are reaching out online or via phone.
I don’t have $1M in the bank so I had to rely on option B. I had a record setting Q2 2020 just before lockdowns got crazy then I was put in chains since then. It’s been so rough and I’m still not out of the woods yet. Reinventing has yielded depressing results after depressing result but I’ve gotten so much stronger in the process.
God has me and this has grown my faith in Him 100x.
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