"Expert advice: Starting your real estate investment journey at 31"

1 min read
Source: CNBC
"Expert advice: Starting your real estate investment journey at 31"
Photo: CNBC
TL;DR Summary

Todd Baldwin, a 31-year-old self-made millionaire, shares his top two pieces of advice for beginning to build wealth through real estate. First, get your finances in order by cutting down your living expenses and making sure you have a solid credit score. Second, be extremely selective about the properties you purchase by setting strict criteria. Baldwin's criteria include a good bedroom-to-bathroom ratio, enough parking spots, a location that's going through a transition, no homeowners association fees, and close proximity to public transportation.

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