Five Ways for 20 Somethings to Buy an Investment Property
Get the full episode transcription here.
CREDITS
Hosted by: Kristina Modares and Steph Douglass
Produced and Edited by: Alan Galinsky
Music by: Bensound
Photo by: Chelsea Francis
Graphic by: Molly Knobloch
EPISODE 5 SUMMARY:
In this week’s episode, Kristina and Steph discuss 5 ways for 20 somethings to buy investment properties. These methods are all tried and true, and have been utilized by both ladies since their mid-20s.
They’ll discuss:
Getting a minimum down payment program
House-hacking (i.e. supplementing mortgage payments with home generated income)
Partnering with someone (i.e. friend, significant other, family member)
Learning to do things on your own (i.e. repairs, upkeep)
Buying further from downtown for lower prices
A huge take-away is that by investing in properties, they were able to accrue wealth, and use that money to invest even further. These strategies are not just off the top of their head - they are tried and true, and they've got the properties and money to prove it! You’ll finish this episode feeling inspired to buy, and find your own ways to get creative through investing.
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