At 33 and expecting my first child, friends advocate maxing out real estate leverage, yet I’m reluctant to become a landlord or face constant repair issues at home.
i dont think real estate is a must. if managing properties and repairs ain’t your style, index funds or other passive investments can get you to FIRE without the extra headaches.
My experience has shown that real estate is not a mandatory component of a FIRE strategy. I have focused on diversified investments and disciplined savings, which have provided a steadier path to financial independence. Real estate can offer benefits like tax advantages and leverage, but it also demands active management and encounters unforeseen responsibilities. Each individual’s situation is unique, so if managing properties or repair issues isn’t appealing, it may be more appropriate to pursue alternative investment strategies that better suit your lifestyle and risk tolerance.