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House in the suburbs - doable for a single man?
#8

House in the suburbs - doable for a single man?

Real estate is not as easy as some people make it seem. Repairs, vacancies, evictions will all take a toll. If can work but the people I know who made it work had to ride out some tough periods. And real estate is not easy to resell. It is a stock where you put in a market order and it gets sold. So many variables and you have no idea what the market will be like when you think you might sell. If you think you know the future that should be the first red flag and you shouldn't buy the house. Plenty of deals fall out at the end because the buyer couldn't qualify for a mortgage. Appraisal doesn't hit the number, etc.

Fate whispers to the warrior, "You cannot withstand the storm." And the warrior whispers back, "I am the storm."

Women and children can be careless, but not men - Don Corleone

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