BiggerPockets Real Estate Podcast When’s the Right Time to Start Investing? (Age, Money, Lifestyle)
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May 21, 2025 Henry Washington, a seasoned real estate investor who began his journey at 37, and Jonathan Greene, an agent from New Jersey with a lifelong connection to property investing, discuss the ideal timing for entering the market. They explore key factors like financial readiness and personal maturity, emphasizing that age isn’t the only determinant. Learn about the essential knowledge needed, how to navigate early investments, and the importance of mentorship in building confidence. They also highlight balancing family responsibilities with investing and the significance of having a financial safety net.
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Early Mentorship Boosts Confidence
- Jonathan Greene started investing early due to mentorship from his dad who constantly talked about real estate.
- This early exposure boosted his confidence and understanding compared to others without a similar background.
Invest Young but Be Ready
- Start investing young if possible, but only if you have the financial stability and maturity to handle risks.
- Balancing school and property management can be overwhelming and lead to costly mistakes for unprepared young investors.
Build Financial Literacy First
- Build financial literacy before investing and understand money management.
- Only invest if you have enough runway to handle potential losses without collapsing your finances.