I agree - it's a smart way to get into real estate—especially if you want to save on living costs and start building wealth.

Building up cash flow from your first property can also be beneficial.Good luck!

Hi BiggerPockets community,I’m an 18-year-old just starting my journey into real estate and wealth building, and I’ve been following the strategies laid out in books like The Book on Rental Property Investing.

Both buildings are two-story four-plex.

It allows for a period of adjustment during down periods and takes advantage of the market's upward trajectory.By projecting returns, considering a solid five-year window, timing the market strategically, and analyzing historical patterns, I've been able to make profitable investments and build lasting wealth.Let me share with you the strategies on creating generational wealth that have worked for me and can work for you, too.Long-Term Mindset.

People purchasing these properties can build wealth for themselves learning these skills.

Our goal is to purchase multiple properties in good neighborhoods with ARVs up to $250K.We’re eager to connect with experienced agents, reliable contractors, and any other local experts who can offer insights on building a successful portfolio here.

We value quality time with our family, are eager to explore the world through travel, and aspire to build a successful life and business together.

I plan on holding this home long term due to the low interest rate (2.75%) and renting it out long term to cash flow and build equity simulataneously.

But unless you’re building new.