Millionaire to Millennials: Buy Now!

Self-made millionaire David Bach was quoted in a CNBC article explaining that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.”

Bach went on to explain:

“If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none. The average homeowner to this day is 38 times wealthier than a renter.”

In his bestselling book, “The Automatic Millionaire,” Bach does the math:

“As a renter, you can easily spend half a million dollars or more on rent over the years ($1,500 a month for 30 years comes to $540,000), and in the end wind up just where you started — owning nothing. Or you can buy a house and spend the same amount paying down a mortgage, and in the end wind up owning your own home free and clear!”

Who is David Bach?

Bach is a self-made millionaire who has written nine consecutive New York Times bestsellers. His book, “The Automatic Millionaire,” spent 31 weeks on the New York Times bestseller list. He is one of the only business authors in history to have four books simultaneously on the New York Times, Wall Street Journal, BusinessWeek and USA Today bestseller lists.

He has been a contributor to NBC’s Today Show appearing more than 100 times, has been a regular on ABC, CBS, Fox, CNBC, CNN, Yahoo, The View, and PBS, and has been profiled in many major publications, including The New York Times, BusinessWeek, USA Today, People, Reader’s Digest, Time, Financial Times, The Washington Post, The Wall Street Journal, Working Woman, Glamour, Family Circle, Redbook, Huffington Post, Business Insider, Investors’ Business Daily, and Forbes.

Bottom Line

Whenever a well-respected millionaire gives investment advice, people usually clamor to hear it. This millionaire gave simple advice – if you don’t yet live in your own home, go buy one.  Give me a call to get started – J.P. Cook – 602-320-4253.

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19612 W Cartwright Avenue Buckeye, AZ 85396

$535,995

4 Beds

3 Baths

2,570 SqFt

Status Active

MLS # 6686529

Property Type Single Family Residence

Price Type --

This home is a Celeste 4 Bedroom + Study, 3 Bathroom, 2 Car Garage

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19337 W Missouri Avenue Litchfield Park, AZ 85340

$535,990

3 Beds

2 Baths

2,181 SqFt

Status Active

MLS # 6677297

Property Type Single Family Residence

Price Type --

NEW single level home in gorgeous new community w/views of the White Tank Mountains; 3 bed, 2 bath with study and flexible retreat; 3 car garage (not tandem); gorgeous white and mocha colored upgraded cabinets, quartz countertops in both the kitchen and owner's bath; pendant living over the kitchen island and beautiful herringbone tile backsplash in kitchen; upgraded pad, carpeting and plank tile flooring throughout; 10' flat ceilings with 8' doors and huge energy efficient windows with sills; 2x6 construction and extensive new home warranty; see you soon!

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35273 N Cryolite Street San Tan Valley, AZ 85144

$535,579

4 Beds

3 Baths

1,991 SqFt

Status Active

MLS # 6691436

Property Type Single Family Residence

Price Type --

NEVER LIVED IN BRAND NEW HOME TO ENJOY! Open-concept floor plan, highly upgraded kitchen, stainless steel appl, gas, range, upgraded cabs w/2-tone designer touches, quartz countertops w/farm sink, full height tile backsplash, pantry, fridge, washer/dryer, pocket sliding door opens to fully landscaped byard.

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4912 W Brown Street Glendale, AZ 85302

$535,455

4 Beds

3 Baths

2,177 SqFt

Status Active

MLS # 6668897

Property Type Single Family Residence

Price Type --

Located in North Central Glendale, convenient to everything!! Gorgeous open plan with bedroom & full bathroom downstairs!! Wonderful gourmet kitchen includes tons of cabinets, LARGE ISLAND, and walk-in pantry for all the space required to live comfortably!! Plus, a grand primary suite, second-floor laundry room. Two-tone interior paint. Mission stair railing upstairs and downstairs. 8' garage doors. Designer finishes include: 42'' Benton Birch Cabinets with hardware. Kitchen comes with modern back-splash, Quartz counters & ''Trumpet Grey'' 18x18 tile floors!!! Home should be ready this SUMMER. Ask us about our special financing promotions!!

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2538 W Stradling Avenue Apache Junction, AZ 85120

New

$535,395

4 Beds

3 Baths

2,487 SqFt

Status Active

MLS # 6707664

Property Type Single Family Residence

Price Type --

Welcome to Radiance at Superstition Vistas, a brand new master planned community located on the border where Mesa meets Apache Junction. This is a rare opportunity for optimal living - to have the convenience of City living while enjoying the breathtaking Superstition mountains! Small town feel meets modern amenities at its best! The OZARK-2487 sq ft, 4 bed+LOFT/3 bath adorable, energy home in which you will find tile in all common areas, 9 foot ceilings and on trend extra bright white walls. The kitchen has gorgeous cabinets, marble look countertops & large island. Located close to the 24, 60 & 202.

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34391 W Ebony Road San Tan Valley, AZ 85144

$535,216

4 Beds

3 Baths

2,344 SqFt

Status Active

MLS # 6689027

Property Type Single Family Residence

Price Type --

Brand New Single story home, on a corner homesite! Fitted with 4 bedrooms and 3 full bathrooms. Bedroom 2 and 3 share a connected bathroom at the front of the home and bedroom 4 has the luxury of their own bathroom outside the bedroom door. The kitchen and greatroom are at the heart of the home and offer a airy open concept. This home boast a gourmet kitchen with stainless steel appliances, designer features throughout and 8' doors.

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4777 S Fulton Ranch Boulevard Chandler, AZ 85248

$535,000

3 Beds

2 Baths

1,756 SqFt

Status Active

MLS # 6666207

Property Type Townhouse

Price Type --

Beautiful 3 bedroom townhouse with Resort Amenities, Fitness center, Sparkling pool, meticulously landscaped grounds. Conveniently located to shopping, dining and entertainment, and major freeways. Kitchen offers lots of storage space, beautiful cabinets. Stainless steel appliances. Open floor plan. Private balcony and Garage entrance to home.

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11875 W Sherman Street Avondale, AZ 85323

$535,000

5 Beds

3.5 Baths

3,674 SqFt

Status Active

MLS # 6690261

Property Type Single Family Residence

Price Type --

Great opportunity to own this great home and amazing space for anyone looking to upgrade. Large downstairs den with very open space design to take advantage of. Plenty of bedrooms to accommodate extra family and guests. Huge lot to create a backyard oasis!!

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10016 N Erin Court Waddell, AZ 85355

$535,000

6 Beds

4 Baths

3,487 SqFt

Status Active

MLS # 6677947

Property Type Single Family Residence

Price Type --

Step into luxury with this stunning residence boasting an array of upscale features. The formal dining room sets the stage for elegant gatherings, while a stone-front fireplace in the great room adds warmth and character. Entertain with ease thanks to the convenient wet bar, while the gourmet kitchen dazzles with cherry cabinets, crown molding, and gleaming granite countertops. With the master bedroom and an additional bedroom downstairs, privacy and comfort are ensured. Upstairs, discover four more bedrooms, two bathrooms, a spacious laundry room, and a sprawling loft offering endless possibilities. Don't miss the chance to experience the epitome of refined living—this home is a must-see for those seeking style, functionality, and sophistication

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945 E Playa Del Norte Drive Tempe, AZ 85288

$535,000

2 Beds

2 Baths

1,208 SqFt

Status Active

MLS # 6683215

Property Type Apartment

Price Type --

Enjoy breathtaking views from this lakefront home in the highly sought after Northshore community. This 2 Bedroom, 2 Bathroom, 1,208 s.f., Split floorplan, Top 5th Floor condominium with a large patio boasts amazing Easterly views of Tempe Town Lake as well as the proposed South Pier development with their giant Ferris Wheel & all. Stainless steel appliances, granite countertops adorn the Kitchen while the property also includes a washer & dryer and an additional Storage Unit, 2 parking spaces in the below grade garage... and with a Fireplace on your private terrace, you'll be able to enjoy Tempe Town Lake views all year round! Close to the 202 Freeway, Mill Avenue's shopping, Dining, the Metro light rail, ASU and Downtown Tempe's entertainment less than a mile away! Welcome home!

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19824 N 14th Place Phoenix, AZ 85024

$535,000

3 Beds

2 Baths

1,867 SqFt

Status Active

MLS # 6685875

Property Type Single Family Residence

Price Type --

Charming Home for Sale! Located in the heart of North Phoenix! Desirable location near Loop 101, SR51, I-17, shopping and school. Looking for your dream home? Look no further! This beautifully maintained 3-bedroom 2-bathroom home. With a new Kitchen and Granite new flooring, New A/C unit, and much more. Act Fast - this property won't stay at the market for long!

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15874 W Central Street Surprise, AZ 85374

$535,000

3 Beds

2.5 Baths

2,588 SqFt

Status Active

MLS # 6686395

Property Type Single Family Residence

Price Type --

Wonderful home on oversized .22 acre premium corner lot! Enter the home to beautifully upgraded wood flooring, grand ceilings and curved staircase. Fabulous popular open floor plan with upstairs loft area. Backyard oasis is so peaceful with lots of trees and landscaping, pebbletech pool, beautiful wood pergola, and a large covered patio enclosed as an Arizona room for multiple use purposes! Spacious RV parking area with 33 foot concrete slab and custom gates. All this and an extended 3 car garage! Truly a great house!!!

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