Passive Real Estate Investing
Passive Real Estate Investing
Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.
Ask Marco - Does Age Matter? | PREI 229
20 minutes Posted Apr 16, 2020 at 2:00 am.
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Today's question comes in from Janice and she says, hi Marco. Thank you for taking the time to educate. My question is specifically about age. At the time of investing, I listened to episodes 224 and 225 which had to do with using your principal's home equity to invest, which is what I'm interested in. You briefly mentioned age in one of the episodes but didn't go into detail. Hypothetically, I want to invest equity from my primary residence and rental properties. What recommendations would you give a 30 year old versus a 50 year old if each had $200,000 to invest?
I was initially interested in flipping because of the faster turnaround, but have recently come to understand the long term value of buy and hold properties, but maybe that applies more to the younger generation.
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