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Times are changing.
In 2023, the homeownership rate among 24-year-olds was 27.8%, according toNewsweek.
He also invested in agricultural land in Benin out of curiosity.
I studied agriculture a little bit in undergrad and was very interested to see how it could pan out.
Building materials and concrete have longevity over in Cameroon, Fields said.
He added, African countries are cash economies, so you do not need to worry about non-payment.
How He Did It
Investing inland and real estatetook a significant amount of time for Fields.
He had to research creative financing deals and even take out loans.
After a year, I finally paidmy mom and personal loanback and took a nice vacation for the effort!
He chose to purchase real estate through a trust to remain anonymous and conceal his personal information.
Field plans to purchase fixed-income treasuries or REITs to cover property taxes on anything he buys in the U.S. More From GOBankingRates
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