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Nick Mess
  • Rental Property Investor
  • Dover, NH
7
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When did you buy a truck?

Nick Mess
  • Rental Property Investor
  • Dover, NH
Posted

Living in NH and doing some of the renovations myself, I am feeling the itch to buy a used truck! But with only one duplex under my belt, it definitely makes more sense to save the money and invest in additional properties before I go off and purchase a pickup truck (third vehicle). I'm curious to hear from other landlords out there who have probably gone through this mental debate - how many properties did you acquire (and assumedly self manage) before you just had to go buy a pickup truck?

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

This sounds like the kind of choice made by the chronically middle class. I doubt your duplex justifies needing a truck 24/7, particularly as a third vehicle. Then again, maybe your duplex is killing it and you deserve a reward?

I'm the guy driving a used beater while sitting on a net worth of $1 million. When I need a pickup, I borrow it from my buddy that's renting an apartment and living paycheck to paycheck.

  • Nathan Gesner
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The DIY Landlord Book
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