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Simply setting the goal to save for real estate purchases is a great start.
Experts explain why real estate investing could beGen Zs ticket to retirementand how to get started.
Here are tips for getting started.
Improve Your Credit
A good credit score opens the door to better mortgage terms, Sandford said.
It allows you to generate rental income while offsetting your own housing costs.
This could be done as a group.
Before making any major decisions, invest time in learning.
you’re free to do your own research, study markets and learn about local trends and demands.
You also can work with a mentor, such as aseasoned real estate expert.
Long-Term Strategy for Retirement
Ultimately, remember that real estate isnt a get-rich-quick scheme, Sandford said.
Its a long-term strategy, ideal for those willing to be patient and diligent.
This financial stability not only allows for early retirement but also offers financial security for lifes unexpected turns.
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