hello everyone ;-)
I am an accountant 39yo from Queens, NY; I am here to ask for advice on my situation;
Briefly, I have $70k in cash and a lot of desire to quit my job.
I have crazy dreams at night like moving to a small town, buy real rental estate and become financially free;
My goal is to have more time to travel and spend time with my family, (i am originally from Italy).
In detail this is my situation:
-house : I own a house in Ita worh around $400k, paid for, rented at 800 euros; (or $1,000.00/ circa)
-current Salary: $45k
-mo/ expenses : $1.500
-mo/ savings : $1,800 (including passive income from ita)
-cash : $70k in a saving account
I read many books about real estate but never actually took action;
does anyone have a suggestion on how to take the first step to freedom with the cash that I have available?
Thank you so much
;-)
I am an accountant 39yo from Queens, NY; I am here to ask for advice on my situation;
Briefly, I have $70k in cash and a lot of desire to quit my job.
I have crazy dreams at night like moving to a small town, buy real rental estate and become financially free;
My goal is to have more time to travel and spend time with my family, (i am originally from Italy).
In detail this is my situation:
-house : I own a house in Ita worh around $400k, paid for, rented at 800 euros; (or $1,000.00/ circa)
-current Salary: $45k
-mo/ expenses : $1.500
-mo/ savings : $1,800 (including passive income from ita)
-cash : $70k in a saving account
I read many books about real estate but never actually took action;
does anyone have a suggestion on how to take the first step to freedom with the cash that I have available?
Thank you so much
;-)
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