My friend and I want to start an investment vehicle

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We are both 23 years old, interested in real estate, finance, and wealth creation.

Our goal is to set up an investment account, contribute money as we are able to, let the money sit in an S&P 500 fund, then, when we have enough to do, we want to buy a property and then rent it out.

Idea is that they will build equity for us (in the form of rent payments), and with time, we grow a financial asset

I’d love to exercise Murphy’s Law here and ask, what could go wrong??

More importantly, what challenges could we face?

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Posted: 3 years ago
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