Is It Too Late To Start Investing In Real Estate?

[{"selector":"#anim-607c4876-1fcf-4184-b77e-c0277202e190","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c55d60c-c881-4028-b6fb-404e3d6af2fc","keyframes":{"transform":["translate3d(-125.09091%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Spoiler alert! No, it’s never too late to start investing in real estate. Truthfully, if you’re a homeowner, you have at least some equity in real estate. If you own VTSAX, about 3% of your holdings in it are in Real Estate Invesment Trusts (REITs). Read More

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Every once in a while, someone will be turned on to the idea of diversifying their investments outside of their traditional 401k and Roth IRA a little later in life. So I’ve gotten this question quite a bit: “Is it too late for me to start investing in real estate?”

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Is It Too Late To Start Investing In Real Estate?

What is “Too Late?”

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If you are in your mid-50’s, you’re looking at possibly 30 or more years of needing income. You are still in some prime income-producing years but it’d still be nice to have the option to work as much or little as you’d like.

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So you’re still going to want to figure out ways to bring in additional income, hopefully passive in nature to prepare for the days when you’re not able to produce income from your day job.

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The Learning Curve

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The truth is, yes, there is a learning curve. But it’s not overly complicated and you’d be surprised how quickly you can pick it up. The concept, at least for residential properties is something we can easily wrap our minds around.

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Is It Too Late To Start Investing In Real Estate?

Every once in a while, someone will be turned on to the idea of diversifying their investments outside of their traditional 401k and Roth IRA a little later in life. So I’ve gotten this question quite a bit: “Is it too late for me to start investing in real estate?”

Is It Too Late To Start Investing In Real Estate?

What is “Too Late?”

If you are in your mid-50’s, you’re looking at possibly 30 or more years of needing income. You are still in some prime income-producing years but it’d still be nice to have the option to work as much or little as you’d like.

Setting Expectations

So you’re still going to want to figure out ways to bring in additional income, hopefully passive in nature to prepare for the days when you’re not able to produce income from your day job.

The Learning Curve

The truth is, yes, there is a learning curve. But it’s not overly complicated and you’d be surprised how quickly you can pick it up. The concept, at least for residential properties is something we can easily wrap our minds around.

SWIPE UP NOW TO READ MORE

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