Hey reddit!
I just graduated and landed a pretty good job and went from paying off my debt to saving 30k this year, which is almost enough to buy a house.
I was wondering what would be a good move from here, as Ive never had this much money before and its just sitting in a savings account.
My parents suggest buying a house to gain equity and get some non taxable income, but I feel like Im still a kid that doesnt know what he is doing and would like some advice. I save a little over 2 grand a month, with some months where I get 3 paychecks I save 4 grand...help would be appreciated
EDIT: Something to consider, One of my parents is an electrician and said they would handle the landlording, they just want the equity and property, they told me they want to manage my properties and eventually quit their jobs and just do that to get money
Submitted March 29, 2017 at 01:11PM by REALLYANGRYSTUDENT http://ift.tt/2mQlWCb
