The author reflects on their journey into real estate, starting with their mother's investment that enabled the author to purchase a home at age 23. Working as an underpaid journalist, they learned valuable budgeting and saving skills through property ownership. Despite initial challenges with tenants damaging the property, the author found ways to manage expenses and ultimately sold their first home at a profit. Now, they are determined to give their children similar opportunities and seek professional guidance to invest their inheritance.
My partner and I found a fixer-upper for our family, and I sold my first house.
I want my kids to get the same financial head start I did.
The most important lesson I learned from buying a property at an early age was how to save and budget.
I'm also speaking to a financial planner about the best way to invest my kids' inheritance on their behalf.
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