(August 2022)
Single-family residence buy & hold investment.Current Value Estimate: $410,000

Purchase price: $345,000

Cash invested: $5,000

What a tremendous accomplishment at such a young age. 

I will return to this situation in the end of this post, but first let me show you why the age of a person can be tricky when it comes to the IRS.

What they said.....everyone over the age of 18 has to have a background/credit/ ID verification and sign the lease.

Based on the knowledge and experience you have, would you consider this strategy if you had to go back at my age?

With that in mind, I’m considering purchasing four rental units over the next four years to build a stream of income that could help supplement my retirement by age 68.The challenge I’m facing is that the deals I’ve come across so far don’t make financial sense.

Property values continue to grow in value, and you can actually live off the rental income.I think it's best to hav all properties paid off by retirement age, since that's when you are going to rely on cash flow for your living expenses.

Age is relative. 

First off congrats for looking into this realy estate stuff at such an early age! 

This day in age just a simple phone number exchange is how I do business.