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Updated over 6 years ago on . Most recent reply
![Frank Perkins's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1048234/1621508069-avatar-frankp80.jpg?twic=v1/output=image/crop=380x380@19x0/cover=128x128&v=2)
Hesitant to start a buy-and-hold with 3 kids entering college
I have 3 kids entering college in 2025, 2028, and 2032. I'd like to have the option to send them to private high school prior as well if we think it's the best option (2021, 2024, 2028).
I'm extremely attracted to the buy-and-hold investment strategy, but I'm concerned about lack of liquidity in the 2020s.
If I tie up all my capital in real estate, and I find myself needing $120K in tuition in just one year (2028 will have 2 overlapping, potentially 3 if private high school), then I may be regretting pursuing real estate.
Am I thinking about this the right way? Would appreciate any input. Thanks.
Most Popular Reply
![Mike Dorneman's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/895059/1621505152-avatar-miked196.jpg?twic=v1/output=image/crop=194x194@0x9/cover=128x128&v=2)
@Frank Perkins don’t allow the fear of the unknown to paralyze you. Who’s to say the market cycle wouldn’t have already ran its course a few times by then. No way of knowing if your investments will drop or appreciate at that future point in time.
Here’s what I do know;
If ou buy today you will
Immediately begin building equity with your first rental collection
You will Own real estate which can Always be sold
Assuming you might the right choices on properties, you’ll be cashing flowing monthly
Absolute worst case, you get a grant or loan for the kids and pay it off a year or 2 later when the market is back up.
Jump in there!!