As a general rule, the earlier in life you invest, the more opportunity you’ll give yourself to grow wealth. That applies whether you’re buying stocks, bonds, or real estate. But if you’re wondering whether there’s a cutoff age for the latter, the good news is, there isn’t. You can actually invest in real estate at any stage of life. But your approach might differ if you’re older.
Investing in real estate at a later age
When we talk about investing in real estate, there are several avenues to take. You can:
All of these are feasible at any age, so let’s explore each one. And let’s also assume you’re older — old enough to be retired, in fact.
Buying an income property
Becoming a landlord can be a full-time job, but if you no longer have a job, you might have the time to buy an income property and oversee