what do u do??? and what is your salary if you dont mind me asking. 3 cars at 25 and living comfortably thats
I'm an associate at a Hedge Fund in Boston (no I won't tell you which one and no I can't get you a job
) My base is over $150k with quarterly, performance, and year end bonuses. Alot of what I have in regards to assets didn't all come from my income but from solid investments when I was younger that have done well over the years (lots of CD's, bonds, VMWare IPO
, etc). When I was 21, me and 2 of my friends bought 2 beach houses in Belmar, NJ and rented them out during the summer for the past 4 summers before selling them 2 months ago.
I do alot of supplemental real estate stuff with various investment partners because it's lucrative over a period of time. My next move is to sell my condo in CT and purchase a 3 or 4 bedroom condo in NYC and rent out the rooms. There is always a need for apartments in NYC and quite frankly, people are willing to pay well over $1500 a month for a room and depending on where it is in the city (Midtown, Gramercy, etc) I could possibly stretch a 3/4 bedroom to $7,500-$8,000 a month. Real estate ain't hurtin' in big dense cities like NYC, San Francisco, Chicago, etc so if you can get in on it and have the funds then do so.
No d ride, but you are my idol right now. Working at a hedge fund and investing in real estate at such an early age.
BTW, what schools did you attend?