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Updated 10 days ago,
22 with ~$50K saved up, is it too soon to start?
Hello,
I'm 22 years old with roughly $50k saved up through part time jobs and internships. I am about to graduate college in May 2025, and will be making about $120k (pre tax) in my full time job postgrad (Washington DC area). I was interested in something like owning a rental property as a way to generate some additional income.
Is $50k enough to get started? Or should I wait it out a couple of years until I have a larger amount saved up. Any general advice is much appreciated.