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If your the least bit handy I think owning more property is a good idea. If you can do repairs yourself then go for it. If not then unless you have cash on hand it can get expensive.
My best friend who is not educated but very hard working bought a dump of a house just as I entered university. He worked at subway and slowly fixed the house up on his own. He flipped the house and bought another dump, turned that into rentals, bought another dump....etc.
Now he owns 15 or so income properties and pays a property management company to run the units. He is spending time traveling right now and enjoying his success. He is going to purchase more houses and flip over time but right now he living the dream.
Uneducated but a smart smart man. If I was the least bit handy I would be doing the same. What movie quote is it that says the best investment is land because god ain't making anymore of it. Seems to ring true for some of my friends and family who do this rental or flipping of properties.
Plus we are a university town so tons of renters.
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