For young people, especially those caught in the ‘rent trap,’ home ownership can seem like an impossible dream. Saving for a down payment, getting your financial ducks in a row, making the numbers work with a monthly budget… it’s all pretty overwhelming.
But with careful planning, clear goals, and realistic expectations it’s feasible. It’s not easy, but it’s feasible.
The savvy young real estate investor is a person with a plan – a person with a clear strategy for moving out of the rent trap and becoming a home owner. Here is an article with good advice on how to become an investor in real estate at a young age.
If you are thinking about buying a home in Guelph, I recommend it as a good read.
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