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<blockquote data-quote="IllinoisssssssVarsity" data-source="post: 1687418" data-attributes="member: 747262"><p>There is a <a href="https://www.reddit.com/r/financialindependence/" target="_blank">subreddit</a> specifically for this. You can read multiple anecdotes and look at the resources they provide. You can post and ask questions of people who have done/are doing it. </p><p></p><p>I live in the Austin area. Real estate market has gone crazy since Covid. A lot of Californians who make good money on selling their houses have moved here and bought houses in cash with their profits. They will no longer have a house payment for the rest of their lives. They are now free to save thousands of dollars a month they would otherwise be spending. My friend sold his home here, made 300k+ on it. Moved to Virginia for his girlfriends job and paid cash for a house. Makes 6 figures from google. Gets 50% of his 401k matched and will never have a house payment again. </p><p></p><p>Takeaway: if you can plan or get lucky enough to get out of a house payment young, you put yourself in A great position to save.</p></blockquote><p></p>
[QUOTE="IllinoisssssssVarsity, post: 1687418, member: 747262"] There is a [URL='https://www.reddit.com/r/financialindependence/']subreddit[/URL] specifically for this. You can read multiple anecdotes and look at the resources they provide. You can post and ask questions of people who have done/are doing it. I live in the Austin area. Real estate market has gone crazy since Covid. A lot of Californians who make good money on selling their houses have moved here and bought houses in cash with their profits. They will no longer have a house payment for the rest of their lives. They are now free to save thousands of dollars a month they would otherwise be spending. My friend sold his home here, made 300k+ on it. Moved to Virginia for his girlfriends job and paid cash for a house. Makes 6 figures from google. Gets 50% of his 401k matched and will never have a house payment again. Takeaway: if you can plan or get lucky enough to get out of a house payment young, you put yourself in A great position to save. [/QUOTE]
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