All Forum Posts by: Aaron Hunt

Nope. Lived in Vegas for 2 years. That was enough to change our life significantly. Especially in terms of investments. We now live over 2,000 miles away and still buy property there.

@Russell Brazil

Curious, do you have similar issues with your tenants in this area (MoCo)?

I’m a physician, and make 3x my wife’s income. However, I live in a constant fear of my wife/mother of our toddler. Her income is significant for us, and she spends way more time raising our kid then I do.

We’d been together since college and she saw me being entrepreneurial at random times. However, it was my upbringing (family had done well with RE investments) that pushed us to invest early as well. I hated renting, and still do.

What I did to start, was I let her pick and choose the properties based on her taste. I put what already made sense financially in front of her and suddenly she was interested and a player in the game.

Later, I would send her iPhone screenshots from Zillow of our first property we bought and the appreciation we suddenly had. (I still do this all the time)

That led to her instantly saying yes to our second property as soon as she walked in. That became and still is her favorite home.

By the time we got to opening HELOCs, and our third property she stopped caring. She was not even aware of the addresses or where they are on a map. Future investments are now old news and she is tired of signing documents, haha. Now I just show her our growing net worth on Personal Capital, and talk about how we are going to give so and so investment property to each of our kids someday.

Recently, we traveled overseas, flew Business/First Class. Tickets were around ~$9k total. Most important to her was that our toddler could sleep well for 14 hours. She didn’t blink twice over how much it cost us. We could do that comfortably because of our investments supporting us. Took a while to get here but it’s nice to have made it together.

House-hacked when and where I should (Vegas) caught the appreciation wave. Moved up and then out to the next. Didn’t really have the capital, time or trust in others to be able to do more than that.

Hats off to you, really. I can only dream of living so comfortably with such reasonable expenses.

After my recent overseas trip I had an epihany/revelation/awakening and decided to downsize out of my performance car (will convert it to a weekend car) and even that took a LOT of internal deliberation.

My goal is to chop my housing costs down significantly as well. After our move earlier this year, we are currently paying 2x what we did just a year ago and honestly, we are 2x as unhappy.

Is this pre-tax or after-tax?

I earn >3x what my wife does...and we have a full-time nanny. If I ever asked her that, I’d be running for the hills. The most I ever ask is, “Do you still want to keep working?” (financially, the numbers allow for that adjustment if she chooses to retire early) and the response I get back is, “I don’t want to depend on anybody, ever.” And we have a convo about her doing something she enjoys instead of working in something she doesn’t love just cause she makes good money. We have all joint accounts and she has no clue what our net worth is or even what we are invested in. She just knows she owns stuff.

What in the dream world. 

Our primary CC bill last month was > 10x that amount (due to some unexpected costs/events - all personal, not business related). That number doesn’t even include housing or child care costs. Paid in full, no debt, so no reason for mass panic.

You’d be living for a solid year and then some! Amazing. I’d be stoked if we could get down to 3-4x that amount.

Needs to replace current monthly household income...so basically I’m screwed. Once I hit $25k/month I may re-evaluate.