What percent of your net worth is in real estate?
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Anonymous
| 5% |
Anonymous
| About 30%---an apartment in NYC and a second home in the Hamptons. |
Anonymous
And where except downeast Maine can you find waterfront property that’s ’up and coming’? I’ve got my net real estate is about 20% of my assets. |
Anonymous
This is not how math works. |
Anonymous
| 60% and I'm worried. A good number is 25%. It also depends on your income, cash flow stability, and age. I was in this position 3 years ago when we bought our 3rd property. If I could go back in time, I wouldn't do it. |
Anonymous
| Net worth is a useless metric. |
Anonymous
| I think I have the highest answer around 70% |
Anonymous
It’s how debt works. |
Anonymous
Why are you on a DC website? Weird. |
Anonymous
|
Who the f are you people that you're talking about multiple properties. Easy to humble brag on an anonymous forum.
For the real posters, most around here it's probably close to or more than 50% |
Anonymous
| A little more than 25%: one house, paid off (conservatively worth $1.25 million), in IRAs and brokerage around $4 million and change. Kids launched, we are retired, living on $100,000k from investments and another $50k in pension. Won't touch SS until 70, which will be 4 more years |
Anonymous
| 22% |
Anonymous
Weird that you haven't noticed that it has become so much more than a "DC website" or even a parent's website. |
Anonymous
| 15%. Primary home, worth $900K, will be paid off next fall. |
Anonymous
What percent of your net worth goes to paying someone else’s mortgage? |