Millennial Shares Two Golden Rules for Building Wealth Through Real Estate

Cody Berman, who wrote a book called 'Retire by 30', says investing in real estate helped him become financially independent.

He started by using a strategy called house hacking, where he rented out part of his home to pay for his living expenses.

He followed two main rules: first, he made sure the rent from a property was at least 1% of its purchase price.

Second, he only bought properties he would be willing to live in himself.

This way, he avoided problems with bad tenants.

By the time he was 26, he owned 13 rental units and had money invested in the stock market.

He and his wife still use house hacking today and make money from renting out parts of their property while living in a smaller part themselves.