My Experience Investing in
Real Estate Early

My experience with investing in real estate in my early 20s.

Let me tell you why you should buy your first house in your early 20s. I bought my first home in my early 20s for around $300,000 and rented it out to roommates. I bought a four-bedroom home because I wanted to get as many people as possible in the house to help cover the rent. They paid the mortgage for about three years, I got married, my wife and I moved in, and then shortly after we moved out and made this into a vacation rental. It’s now a long-term rental and should rent for $3,200 to $3,400 monthly. As a vacation rental, we could get a little bit more for it.

At 0:55 you can see the first house I bought in Arizona. Several years later, I bought the house next door. I developed a good relationship with the neighbors and I was the first person they called when they decided to sell their house. It made sense as an investment so I bought it and made it into a vacation rental. When COVID happened last year we turned it into a long-term rental, and now it rents for right at $3,400 a month. When we bought it, it was worth $300,000. It’s now worth about $650,000 to $700,000.

Give me a call if you want more information on investing in real estate. I would love to sit down with you and help you out.