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Reply to "WWYD: 1 BR APT + Preschool Tuition in NW or 2BR APT or house + Charter School in NE"
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[quote=Anonymous][quote=Anonymous]OP, in NE there are a lot of undiscovered neighborhoods with smaller homes. If you end up at Shining Stars or MMB, one of those little brick homes (Avondale, Woodridge, Chillum, Lasalle-riggs neighborhoods, etc.) would be close to $200,000. THey don't have the amenities and you would be on a bus line, but not that far from Brookland or Fort Totten. Those are areas that are still affordable. If you go to one of the less popular charters like you have the option for, and one of the less popular neighborhoods, you will be "buying low" and that will allow you to generate wealth over time. You could go to the charter this fall, save money to pay off debt and see how the charter goes, and then if it looks like it's working out, buy one of the little houses in NE. We did something like this 15 years ago and our house is now in a highly desirable neighborhood and our little start-up charter is all the rage. We can afford private school if need be and are saving for college for DC. Just another way to think about it. [/quote] OP here: thanks so much for the advice. I know that there is a Walmart coming to Fort Totten so I think that will be great in terms of being closer to a grocery store.[/quote]
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