All Models ▸ Illinois ▸ Elgin ▸ Pay off mortgages early when Nomading™ with any excess cash.
Highlighting Elgin, Illinois for
Pay off mortgages early when Nomading™ with any excess cash.
Do the traditional Nomad™ strategy except you pay off the lowest balance mortgage early with any excess cash.
Speed to Financial Independence vs Property Value (ARV)
Is it impossible to achieve financial independence (lean FIRE) in cities where home prices are higher?
The chart below compares how long it takes to achieve financial independence (lean FIRE) compared to the price of properties in that city (After Repair Value or ARV).
Net Worth vs Property Value (ARV)
Does a higher initial property value mean overall higher net worth? Or, lower net worth? By how much?
Net Worth vs Ran Out of Money
How does running out of money correlate to net worth?