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I highly enjoyed this 🙂 it’s definitely interesting because everyone aims to own a house asap, it makes them feel like they are going the right path, “American dream”,etc. I definitely agree that eliminating mortgage is a huuuge weight of your shoulders and allows for more investing opportunities.
I do wonder though, are there good options for buying a fairly nice large apartment with good rent after I begin working full time:o ? Guess I’ll see.
Thank you so much for the post!
Hi Jessica!
I’m glad you enjoyed the article!
Real estate varies locally and it’s hard to tell without knowing where you’ll land after you find a full-time job. I recommend reviewing your options once you cross that bridge.
You might want to consider renting a nice large apartment instead and see how that it feels. If later on you change your mind you can always move without getting stuck with owning an apartment that might not be suited as an investment property. Also, what if you change jobs? People change jobs often nowadays so staying mobile is another option to consider.
I’m surrounded with stories at work of people that bought condos/homes while single, got married, and then got stuck with properties that barely break even. So put all your options on the table when the time comes and figure out your exit strategies.
Thank you for commenting! 🙂