A
ndre Nader sold his Austin rental property due to the stress outweighing its financial benefits. He and his wife moved to San Francisco in 2014 for a job at Facebook and initially planned to return to Texas. However, they found renting more cost-effective than owning in the pricey city.
Nader has been pursuing Financial Independence, Retire Early (FIRE) since his twenties and focuses on index fund investing. He and his wife have always lived below their means, allowing them to invest half of their combined income. When they moved to San Francisco, renting made sense from a budget perspective: it was cheaper than buying.
Nader notes that in cities like San Francisco, the math can change with property value appreciation. However, he's never been confident he'd stay long enough to make buying worth it. His investment strategy revolves around low-cost index funds, which have helped him build a seven-figure net worth.
After experiencing the stress of managing his Austin rental from afar, Nader prefers the hands-off approach of index fund investing. He believes owning real estate requires too much mental exercise and has chosen to focus on "super boring" index funds instead.
realestate
Early retiree ditches homeownership for rental freedom and rethinks real estate investments.
San Francisco leans heavily towards renting due to unfavorable ownership costs.
Read More - realestate
realestate
ERA Real Estate affiliate declares DFW acquisition
Acquisition covers two offices and ~100 agents; brokerage will operate as 24Fifteen ERA Powered.
Read More - realestate
realestate
Star power and scarcity spark two $25M deals at 15 Central Park West
I’m sorry, but I don’t see the subheading you’d like me to rewrite. Could you please provide it?
Read More
realestate
Real Estate Wrap: Celebrate 2025 on Your Socials
I’m ready to help—could you please share the subheading you’d like rewritten?