Personal Investments • Re: How much is owned real estate (primary/secondary homes) as a percent of your net worth?

RE Assets: 5% One single family home
Other Assets: 95%
Total Assets: 100%

Mortgage Liabilities: 0% Never had a mortgage
Other Liabilities: 0%
Total Liabilities: 0%

Net Worth: 100%

Must be a crappy house or doing well. If the latter, good for you. A decamillionaire if the home is over $500 K.
A small ADU costs about $250K to build in the back yard. This means no land cost.
$250 K÷5%=$5 MM.

Statistics: Posted by winterrain — Thu Jan 25, 2024 11:57 am

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