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She approachedreal estate investinglike a science from a young age and did everything she could to succeed.
Though thats tongue-in-cheek, Gen Zers who want to become wealthy would do well to heed her advice.
So the sooner you dip your toes in thereal estate market, the sooner you start building wealth.
Investing in real estate will help you develop financial discipline.
Managing real estate requires saving, budgeting and planning, all of which encourage healthy financial habits.
you’ve got the option to either wholesale the deal to aninvestor or partnerwith an investor.
you might rent a property with an option to purchase it later.
A portion of your monthly rent payment will go toward the purchase price.
Sometimes landlords with rental properties may be willing to do a lease purchase, too, he said.
Look For Owner Financing Properties
You might also seek out a property that offers owner financing.
Purchase a property to live in using the cheapest owner-occupied loan you’ve got the option to get.
Purchase another property to live in and turn your first property into a rental property.
Repeat these steps every few years and watch your rental portfolio grow.
Or, you buy a multifamily property, live in one unit and rent out the other units.
you might buy a fixer-upper and live in the property while you rehab it and build equity.
Most importantly, Harn added, Get educated and start now.
You wont regret it.
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