My path to part time freedom at 48 with 2 STRs

[Bread-Pitt]

After years in the corporate grind, we finally bought our first duplex, house hacking it like a charm. We followed that with a small cabin by the lake a few years later. Now, those two properties net us enough to scale back work significantly and spend more time with our school-age kids. It is not a full retirement but it feels like hitting the jackpot compared to before.

 

[terra-mystica44]

This is fantastic! It might not be full retirement in the traditional sense, but having that kind of freedom and flexibility surely feels like hitting the jackpot. Enjoy!

 

[Richard12]

How did you decide those were the right properties to start with, was it more about the numbers, the lifestyle fit, or just what was available at the time?

 

[Biziness85]

After years in the corporate grind, we finally bought our first duplex, house hacking it like a charm. We followed that with a small cabin by the lake a few years later. Now, those two properties net us enough to scale back work significantly and spend more time with our school-age kids. It is not a full retirement but it feels like hitting the jackpot compared to before.

nice, going for both urban and relaxed setting is excellent so you're covering two target groups. Smart.

 

[Bread-Pitt]

Thanks everyone for the kind words!

@Richard12 it was a little bit of both. The duplex was a pure numbers play to get our feet wet and lower our own living costs, while the cabin was more of a lifestyle purchase for the family that also had to work as a rental.

@Biziness85 on point bro. Having both types gives us a great mix.