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Updated about 6 years ago on . Most recent reply

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Daniel Smith
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2
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I'm 18 and in a Delima. Please help!

Daniel Smith
Posted

Hey im 18 and im in a delima. I want to move in with 2 of my friends and we will each be paying close to 500$ a month for rent ( 3 of us), or should i just live with my mom for 2 more years and save my money which will be close to 12K, over the 2 year period, then have a down payment on a home and rent out the rooms to younger more in college people and make a profit????? plz help. 

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172
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126
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Jon Schoeller
  • Flipper/Rehabber
  • Charleston, WV
126
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172
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Jon Schoeller
  • Flipper/Rehabber
  • Charleston, WV
Replied

Stay at home as long as you can....but not too long. I have 0 problems with this. I think if your mom charged you a nominal amount of rent as well as made you split the utilities you could both learn the responsibility of owning your own home as well as save a ton of money. I don't have a problem with kids staying at home a bit longer as long as they are free loading. But that also doesn't mean stay until you are 26 either. 

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