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Updated over 4 years ago,
2 min RE elevator pitch to new college grad - lets hear it!
Scenario: your child graduates from college and lands a great job during a pandemic. He will be able to save at least $20-30k in his first year (good to be a software engineer). He lives in a major metropolitan area where the median house price is approximately $250k. Let's also assume that he knows and understands the benefits of owning real estate and is curiously interested. Also, for the sake of the argument, let's assume he's not much of a do-it-yourself guy (not great with tools). It's also safe to bet that he's got Scott Trench's book, Set for Life, on his bookshelf but probably hasn't read it.
What very specific advice would you give him?
Save how much and do what with it?
Timeline?