Lauren Como
Oct 19, 2021

Hi Maverick, thanks for stopping by. I'm referring to purchasing my home as a primary residence (i.e., I need a place to live)! Even as a rental-I'm not sure how I'd really "make a fortune"; I've looked at purchasing a property as a rental, and when property taxes are accounted for (They're very high in Travis and Williamson counties), maintenance, hoa fees, the mortgage, etc. are accounted for-I'd be close to the break-even point until the mortgage is paid off (which is fine, if that's what you'd like to do). That also doesn't account for the headache of tenants/property mgmt companies. I do invest in real estate, but my preference is to invest via private equity groups to eliminate the headache. I'm personally okay with making 11% annually on my real estate return, but to each their own!

Lauren Como
Lauren Como

Written by Lauren Como

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