13 min listen
1307 - Living Overseas Can Help You Earn More Money in Real Estate Over the Long Run—Here’s How by Jeff Vasishta
1307 - Living Overseas Can Help You Earn More Money in Real Estate Over the Long Run—Here’s How by Jeff Vasishta
ratings:
Length:
14 minutes
Released:
May 13, 2024
Format:
Podcast episode
Description
The biggest hindrance to building a real estate portfolio that allows you to leave your job and become financially free is getting past the hurdle of covering your living expenses. Decreasing your costs by living overseas could be the most logical way to build a real estate portfolio in the U.S. quickly.
Why the Cost of Living in the U.S. Makes Saving So Difficult
According to the Bureau of Labor Statistics’ Consumer Expenditure Survey, the average household earned $94,003 in 2022 before taxes and spent $72,967 (just over $6,000/month) on total expenses. Of that number, $24,298 accounted for accommodation, which amounted to around $2,000/month on rent or a mortgage.
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Why the Cost of Living in the U.S. Makes Saving So Difficult
According to the Bureau of Labor Statistics’ Consumer Expenditure Survey, the average household earned $94,003 in 2022 before taxes and spent $72,967 (just over $6,000/month) on total expenses. Of that number, $24,298 accounted for accommodation, which amounted to around $2,000/month on rent or a mortgage.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
May 13, 2024
Format:
Podcast episode
Titles in the series (100)
785 - Is Florida’s Housing Market About To Get Even More Unaffordable? What You Need To Know by Lindsay Frankel by BiggerPockets Daily