This is an easy way to create generational wealth

88.3K viewsabout 4 years ago0m 55sScore: 75

Sean Pan

Growth & Marketing
beginner
Multiple Properties
Investors
Profitability

Summary

This video shares a tip for creating generational wealth: purchasing a rental property in a child's name with a 15-year mortgage upon their birth, so the property is paid off by the time they turn 18. At 18, the child can choose to tap into the equity via a cash-out refinance or keep the property for passive income.