Deb and Chris ask Doug Cunnington all the questions about turning side-hustles into enough passive income to retire early.
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Episode 035- Should I buy a home or invest in real estate?
“I wanted to get your advice as I am thinking about purchasing with my partner or by myself. My partner wants to buy a home with us both on the loan together, and I want to buy a small property for investment or second home and rent it out. I am trying to figure out if it makes sense for me to buy the property as a second home or as an investment property… My long-term goal is to have several investment properties.
Thanks!
‘Sam’ “
Listen in to hear Chris and Deb’s take on the question, plus:
- the difference between an asset and a liability
- the meaning of passive income
- ideas for investing when you live in a high cost of living area
- house hacking
If you’re interested in investing or retiring early, you won’t want to miss it!
Other resources from the show
- The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom – Craig Curlop
- Passive Income, Aggressive Retirement – Rachel Richards
- friends on FIRE podcast – Maggie & Mike
- Rich dad; Poor dad – Robert Kiyosaki
- Rich Dad’s Cashflow Quadrant – Robert Kiyosaki
- Listen to episode 27 of the podcast to hear more questions answered about real estate investing
- Hear more about Chris and Deb’s investing strategy on THIS episode of Bigger Pockets Money
- visit gobucketyourself.com to find more goodies like…
- Deb’s book, The Other Side of Perfect, and the accompanying journal
- Connect with Deb on her Instagram @imperfectprogress.me
- Or Chris on his Instagram @bucketyourself
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