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Reply to "Is home ownership out of reach for people under 30? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am 42 now but was a grad student in Engineering at VT. Bought my first investment condo at the age of 26 and then bought my primary residence in Fairfax at the age of 28. I never used to(sometimes do now) waste money on anything useless, save and invest, rinse and repeat. Own 14 rental properties now and still live in the same house I bought in 2009. [/quote] That’s amazing. Good for you! I’ll encourage my kids to start early with investments. We are same age and own two homes and feel we are doing well! [/quote] Thanks! For rental real estate, you just have to be in the grind, take calculative risk and learn from your mistakes. [/quote] Being a landlord is just owning a shitty small business. You might as well become an owner/operator of a 7-11.[/quote]
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