Develop the No Housing Cost/No car note lifestyle

Of course the goal in getting a two-flat is to build wealth. For many, the best way to start is to reduce or eliminate your living expenses. By living in the two-flat for a while you are killing two birds with one stone-such a morbid saying, but gets to the point. Essentially you are putting yourself in a better position to grow. You accomplish getting a place to live as well as getting your first investment property. By simply freeing up your rent money, you can start to have more disposable income and money to save and invest in the next deal. If you never do this you could be stuck for years trying to save up and just barely keeping your head above water. Who wants to keep living like that. While you’re at it go ahead and get rid of that pesky car note too. This will give you even more power by freeing up that car note money. It’s really about discipline. Just try it. Go ahead and pay off that car note and hold on to that money and see what a difference it will make. You will be able to save a lot more and grow it a lot faster. Just don’t fall into the trap again and you’ll be just fine. If you are really serious about getting ahead try this strategy and see what happens!