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NetWorth
Michael Bordenaro
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Comments by "NetWorth" (@networth00) on "How Much it Costs Me to Live Right on the Beach in Miami" video.
I think he rents an apartment, so there's no need to worry about any of those things.
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@MichaelBordenaro You're exactly right. You have to choose your item to splurge on. I think you should have just bought it instead of lease though. BTW, I drive an Aventador S but I'm very frugal in other areas.
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@MichaelBordenaro Can I get your opinion on something. I'm flying down soon to look at 1743 Michigan Ave APT 4 because I need 3 bedrooms and garage space. What do you think about that place? It's not my favorite but it's the only 3 bedroom close to SoBe that checks off all my boxes as a second home. I really wanted walking distance to Lincoln Rd. Thanks in advance.
3
If I were LEASING a car it sure wouldn't be their top of the line, it would be the cheapest one they had... especially since you don't go anywhere ($50/mo on gas). That's a really bad financial move IMO.
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@mrcoreynitro send a link to an ocean front condo for 200k
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Property taxes in Miami Beach will be WAYYY more than what you pay. I'm looking at a place that is not on the ocean and the taxes are $10k/year.
1