After his divorce, a 26-year-old Reddit poster shared how he rebuilt his financial life by purchasing a duplex to offset housing costs with tenant rent. Forced to liquidate investments and split home sale profits, he started with a lower net worth. He now pays $1,700 monthly, while his tenants contribute $1,400. His duplex came with solar panels, reducing his electricity bill to $50. These strategic adjustments enabled him to revive his investment portfolio and create a more stable financial future.
The end result of this is that the Redditor was starting over with a much lower net worth than he had built up when he was still married.
Once he got divorced, he decided to buy his first Duplex so that the tenants that he has living there could cover a portion of his housing cost.
He said he pays $1,700 per month, and the tenants who live in the other unit pay $1,400 monthly.
With very low housing and utility bills, the poster said he is back on track in both rebuilding his investment portfolio and he is saving to invest again.
#divorce-recovery #financial-independence #real-estate-investment #wealth-building #personal-finance
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