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Updated about 5 years ago on . Most recent reply

User Stats

242
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234
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Jason Graves
  • Rental Property Investor
  • San Diego, CA
234
Votes |
242
Posts

My 14 year old daughters buying her 1st house in next 90 day

Jason Graves
  • Rental Property Investor
  • San Diego, CA
Posted

Devyn’s started saving for 4 years and now has appox $10k...

How did she do it?

Bucket 1 1/3 $ goes to spending

Bucket 2 1/3 goes to saving

Bucket 3 1/3 goes to investing

For example she bought 2 shares of Facebook @ $18 which now worth $440. Dad also match’s dollar for dollar everything invested into bucket #3 until age 25.

Here are my 3 tips to get started

1 use the 3 bucket rule get to $10k

2 look out of state for cash flow. She picked Indianapolis

3 build a local team. We have a real estate agent and a banker

What are you going to teach your kids about 💰 and buying 1st property?

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