The Best Way to Get Rich in Your 20s | ReWire 1344

<p>If you're in your 20s, and have a job, you can go to the bank, get a loan and buy real estate. </p> <p>Every dollar you spend right now in your 20s is worth a $1,000 if you invest it right. </p> <p>I had a mentor one time that bought shares of Citibank for $2-$3 a share. They went up to $500 a share and when the economy crashed it took the stock price down to $10 a share. </p> <p>I said, you've taken a huge hit.  </p> <p>He told me something I'll never forget: "Time is undefeated. The money you invest now is unaffected over time." </p> <p>In this day and age, you can buy a house for 3% down.  </p> <p>Buy a $150K-$250K house and rent them out. </p> <p>If you're a W-2 employee in your 20s, you'll get a tax deduction for owning a home and this is where it really pays on the back end. </p> <p>If you sell it in 2 years and 1 day, up to $750K, you can avoid paying capital gains tax. </p> <p>Next, buy a bigger house and repeat the same process.  </p> <p>By the time you hit your 4th house you should be sitting with a million-dollar portfolio in real estate. </p> <p>Rinse and repeat. </p> <p>The process is simple. </p> <p>Find a mortgage banker or broker and have them pull your credit and run your numbers to see how much home you qualify for. </p> <p>You could be doing very well by the time you hit your 30s. </p> <p><strong>#RiseAbove</strong></p> <p> </p> <p><strong>HOW TO GET INVOLVED: </strong></p> <p>This planet is based on an algorithm and with every positive action, there is an adverse reaction. </p> <p>Ryan Stewman rose and overcame a life of addiction, imprisonment, divorce, and circumstances that would break the spirit of the average human being. </p> <p>He went on to create a powerful network of winners and champions in life and business creating a movement quickly changing lives one day at a time. </p> <p>Learn more at: <a href= "http://www.jointheapex.com/">www.JoinTheApex.com</a>  </p> <p>Check out this show and previous killer episodes of the ReWire Podcast in <a href= "https://podcasts.apple.com/us/podca