Should I wait or should I go? - Posted by dander31

Posted by Jody on February 27, 2002 at 20:41:49:

It depends… If you want to be comfortable and live like most Americans… purchase a owner occupied house, live in it and be prepared to settle into punching a time clock for the next several years. On the other hand if you really want to get ahead … I would recommend purchasing investment property and start paving the way for a brighter future. “Rich Dad Poor Dad”, mentioned that your home is a liability not an asset, assets make you money, a personal home costs you $$$.
For what’s it worth… good luck!

Should I wait or should I go? - Posted by dander31

Posted by dander31 on February 27, 2002 at 11:29:00:

hi, i’m new the business and have a few questions. right now i rent and i’m looking to buy a place for my family, but i want income also. i live in the bay area and my rent is dirt cheap. i’m able to sock away about $500-600 a month. i guess what the question is, should i purchase a home to live in or should i continue to save and go for a income property like a duplex or maybe a 4 plex?