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thenewgreen  ·  4136 days ago  ·  link  ·    ·  parent  ·  post: Ask Hubski: How do you define wealth? What is "rich" to you?

I like "bogs".

    I only see what I see b/c of what I do for a living.
I sometimes think that I made a mistake in buying our home here in NC. For the money I put down on this home, I could have continued to rent and bought two rental properties of my own. I realize that your time is valuable and I'm essentially asking for free advice, but would you say that it was a mistake?

The numbers below are not real but hypothetical.

Lets say I had $100k for a downpayment on a home. I have a family of 3. I am a first time buyer. Would you suggest that whatever I buy I do so with the intention of someday renting it? What should my thought process be?