Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

94
Posts
19
Votes
Gabriel Benavidez
  • New to Real Estate
  • Houston, TX
19
Votes |
94
Posts

Buying rental property but still want to enjoy my 20s

Gabriel Benavidez
  • New to Real Estate
  • Houston, TX
Posted
I'm 21 and I'm in the closing stage of my new rental property which ​im excited because I'm always looking for the future and being financially stable and having passive income 10-15 years from now. But that being said I don't want to live at home with my parents, I need my privacy so my questions is if is dumb to rent in the city and enjoy my 20s while my mortgage gets paid for and yes I already have the tenants. And what are some things you guys would recommend to me?

Most Popular Reply

User Stats

791
Posts
1,670
Votes
Austin Fruechting
  • Investor
  • Kansas City, MO
1,670
Votes |
791
Posts
Austin Fruechting
  • Investor
  • Kansas City, MO
Replied

I bought my first investment at age 25 and I owned a home we bought when I was 23.  We sold it to free up cash to buy more rentals and rented an apartment for 4 years (from ages 26-30).  I believe in owning real estate, but I never cared if I owned the one that I lived in and I'm fully financially free at 32.  

Loading replies...