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How 18-25 year-olds can prepare to invest in real estate

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Manage episode 447521278 series 3576214
Contenido proporcionado por The Remote Investor. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente The Remote Investor o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

Pierre Carrillo and Michael Albaum share insights on how young people can prepare for real estate investing despite financial challenges. Michael recounts how he maximized his savings by prioritizing jobs that offered valuable perks, such as car and phone coverage, and by sharing living expenses with roommates. He highlights the value of high-yield savings accounts and advises caution around stock market volatility. Michael also details his use of a 401(k) loan to fund a real estate down payment, which he repaid with interest, allowing him to grow his retirement fund in the process. Their advice centers on frugal living, careful budgeting, and leveraging tax-advantaged accounts. The key takeaway: making small sacrifices now can pave the way for significant, long-term success in real estate investment.

  continue reading

20 episodios

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Manage episode 447521278 series 3576214
Contenido proporcionado por The Remote Investor. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente The Remote Investor o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.

Pierre Carrillo and Michael Albaum share insights on how young people can prepare for real estate investing despite financial challenges. Michael recounts how he maximized his savings by prioritizing jobs that offered valuable perks, such as car and phone coverage, and by sharing living expenses with roommates. He highlights the value of high-yield savings accounts and advises caution around stock market volatility. Michael also details his use of a 401(k) loan to fund a real estate down payment, which he repaid with interest, allowing him to grow his retirement fund in the process. Their advice centers on frugal living, careful budgeting, and leveraging tax-advantaged accounts. The key takeaway: making small sacrifices now can pave the way for significant, long-term success in real estate investment.

  continue reading

20 episodios

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