Forum Discussion
Gnarley
Aug 13, 2020Explorer
wapiticountry wrote:
The ability to use your equity to purchase a new home will depend upon how much you net and exactly what you mean by a coastal location. Oceanfront will cost much more than being a couple of miles inland. And the maintenance on oceanfront properties can be extreme, the salt water just eats everything. Personally, the couple of times I have driven the Oregon coast I felt like the towns were really struggling and there were too many disaffected souls roaming the highways and byways. But to each his own.
As for making an income, when you say you are considering being a contractor, are you talking about contract work for corporations using your internet security certifications or are you talking about being a construction contractor? If it is being a 1099 independent contractor in Information Systems only you can say whether or not you can generate enough income. If it is a construction contractor, I would think that it would be very tough to start from scratch without local contacts and local referrals.
Not Oceanfront, I never implied that. You can be near the ocean and still have a view, location, location, location....
I am a 1099 independent contractor, I provide Technolgy services and consulting and can add additional customers. I also can offer part-time work, or offer a variety of services that require proper licensing. Being a jack of many trades can be really helpful!
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