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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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

2738 W Cedarwood Lane Phoenix, AZ 85045

$535,000

4 Beds

3 Baths

2,206 SqFt

Status Active

MLS # 6689601

Property Type Single Family Residence

Price Type --

Gorgeous Foothills Reserve of Awhatukee. Sorrounded by the South Mountains and conveniently located to the loop202. This home has 4 bedroom, 3 full bath home. 10ft Ceiling, this spacious cabinets, solid surface counters, Stainless appliances, neutral 2 tone paint, plantation shutters on window entertainment niche with a gas fireplace and custom security doors on the front and back doors. Backyard is low maintenance desert design with extensive cool decking patio. Relax and enjoy desert patio well as the Mountain views.

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16600 N Thompson Peak Parkway Scottsdale, AZ 85260

$535,000

2 Beds

2 Baths

1,318 SqFt

Status Active

MLS # 6691153

Property Type Single Family Residence

Price Type --

RESORT-STYLE TOWNHOME WITH MOUNTAIN VIEWS IN THE RIDGE AT McDOWELL MOUNTAIN RANCH - Built by noted luxury builder Cachet Homes, this 1,318-square-foot condo features a split, open floor plan. Mountain views from balcony of this upstairs end unit. 2-CAR GARAGE. Perfect for LOCK-&-LEAVE LIFESTYLE. Gas fireplace in great room. Quartz countertops installed in 2023 in kitchen & both baths. Air conditioning & furnace replaced in 2021. Community pool, spa & clubhouse w/ fitness room. Also access to McDowell Mountain Ranch's Community & Recreation Centers w/ pool, spa & tennis & pickleball courts. Within walking distance of McDowell Mountain Ranch Marketplace w/ grocery store, dining & shopping. Very close to Gateway Trailhead. PRIME NORTH SCOTTSDALE LOCATION near DC Ranch & Grayhawk.

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6202 E Mckellips Road Mesa, AZ 85215

$535,000

2 Beds

2 Baths

1,633 SqFt

Status Active

MLS # 6691472

Property Type Single Family Residence

Price Type --

Enjoy a truly rare find, Single Family Detached home ON THE GOLF COURSE in highly desirable & gated TUSCANY VILLAS featuring spacious 2 car garage w/ abundant cabinets & extra deep driveway for ample parking. Experience MOUNTAIN VIEWS on an OPEN, 1-level, SPLIT FLOOR-PLAN w/ his & hers walk-in closets in primary suite, Light & Bright Kitchen featuring electric or gas cooking. Enjoy the comfort & confidence of the newer AC system. Provide your family & friends an ideal setting for relaxation & entertainment w/ citrus & Maintenance-Free Turf in the North-Facing backyard overlooking the lush course. Walk to the clubhouse with grills, pickleball, large heated pool, hot tub, meeting area w/ kitchen, game room w/ foosball, darts, ping pong, billiards, treadmills, & workout equipment. Reside in a secure, gated community where pride of ownership is evident, featuring well-kept common areas. Experience a lifestyle of comfort, privacy, and leisure, set within the vibrant community of TUSCANY VILLAS.

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1524 E Kenwood Street Mesa, AZ 85203

$535,000

3 Beds

2 Baths

1,923 SqFt

Status Active

MLS # 6691502

Property Type Single Family Residence

Price Type --

This newly renovated residence showcases new flooring and paint with over 50K of professional landscape enhancements. The family room with cozy fireplace is open to the refined, modernized kitchen. The primary suite includes a generous walk-in closet and updated bath. With no HOA and an easy to maintain landscape adorned with fresh pavers, artificial turf, a large, covered patio, and a storage shed, this home is a must see!

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3302 E Marconi Avenue Phoenix, AZ 85032

$535,000

3 Beds

2 Baths

1,437 SqFt

Status Active

MLS # 6691685

Property Type Single Family Residence

Price Type --

NO HOAs, Newer Roof, AC, Wiring and New Plumbing....this is a Rare Find! Fully Remodeled Single Family 3 bedroom, 2 bathroom with enclosed 2 car garage space in such a prime location right off of the 51 freeway, close to Paradise Valley, Desert Ridge and Scottsdale too! Fully remodeled by a licensed contractor, this property is North/South Facing which is ideal. Wood-like flooring and vaulted ceilings in a very open floor plan flow seamlessly into a backyard space with a covered patio and pavers which lead you to extra detached space for storage. Great flow and wonderful floorplan. Bedrooms are on the Eastside of the home which mean some morning sunlight but won't get blasted by afternoon sun. Kitchen completely remodeled, plumbing redone & newer appliances and washer and dryer.

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3589 S Tatum Court Gilbert, AZ 85297

$535,000

4 Beds

2 Baths

1,656 SqFt

Status Active

MLS # 6701690

Property Type Single Family Residence

Price Type --

Welcome to this beautiful 4-bedroom, 2-bathroom home located on a spacious oversized lot in Gilbert's desirable San Tan Ranch community! Recently remodeled, this home features wood plank tile flooring throughout. The kitchen showcases newer white shaker cabinets, quartz countertops, a stylish tile backsplash, a kitchen island, and stainless steel appliances including a gas range oven. The master bathroom has been updated with a walk-in closet, and the guest bathroom has also been remodeled. Additional upgrades include a newer air conditioning unit and hot water heater for added comfort and efficiency.Outside, the huge lot includes an RV gate, providing plenty of room for outdoor activities.Conveniently located near schools, shopping centers, and restaurants, this home offers both style and convenience.Don't miss out on this meticulously updated property in San Tan Ranch.

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1173 W Park Court Chandler, AZ 85224

New

$535,000

4 Beds

3 Baths

2,057 SqFt

Status Active

MLS # 6706233

Property Type Single Family Residence

Price Type --

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4630 Golden Eagle Ridge Wickenburg, AZ 85390

$535,000

2 Beds

2 Baths

1,587 SqFt

Status Active

MLS # 6702386

Property Type Single Family Residence

Price Type --

Welcome to 4630 Golden Eagle Ridge in Wickenburg Ranch, a resort style golf community. Step into this exquisite 2 bed 2 bath home with a split floor plan, beautiful wood look tile floors throughout, & gorgeous natural light. Entertain in the heart of the home with a Chef's kitchen, gas cooktop, built in appliances, quartz counters, expansive island, & sleek white cabinets with custom lighting above & below. Enjoy Arizona's best weather as the 18 foot sliding door opens onto a beautifully landscaped private backyard with a large pavered patio. The extended covered patio out front is perfect for enjoying your morning tea. Ready to enjoy the luxurious amenities? Head to your extended length garage & grab your golf cart! Your hardest decision will be choosing between so many activities! Wickenburg Ranch provide as much peace or play as you want! Pickleball, tennis, bocce, 20 miles of walking trails, Dog park, 6 acre lake park with catch & release fishing, Solstice Park for Yoga & Astronomy, full service salon & spa, pool & hot tub will poolside bar & food, multiple bars & restaurants, workout facility, art barn, game rooms, culinary parlor, The 18-hole, par-71 championship course known as Big Wick has been voted one of the Best Golf Courses in the U.S.!! Wanting a fun short game? Try Li'l Wick, a 9-hole, par-3 course. Listen to music streamed around the course, tee off in your flip-flops, pick up a rental club set, try the giant hammock & cozy seating areas to relax in between holes, & enjoy ice-cold beverages from The Watering Hole for the ultimate casual golfing experience. Golf & Social Club management by Troon®! Don't miss out on this amazing lifestyle! Call today!

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1120 W Elgin Street Chandler, AZ 85224

New

$535,000

3 Beds

2 Baths

1,767 SqFt

Status Active

MLS # 6707592

Property Type Single Family Residence

Price Type --

Nicely remodeled home, with new flooring throughout the property. New Quartz counter tops in the Kitchen, Master bathroom and 2nd bathroom. New door hardware along with upgraded light fixtures and faucets, completed 2024. This home is 3 bedrooms plus a den, den could be converted to a 4th bedroom at buyers expense. Nice private swimming pool to enjoy during the summer months. No Hoa. The AC unit was replaced several years ago and water heater has been replaced 3 years ago. Pool heater to convey as is.

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13391 W Caribbean Lane Surprise, AZ 85379

New

$535,000

4 Beds

2 Baths

2,265 SqFt

Status Active

MLS # 6707041

Property Type Single Family Residence

Price Type --

Gorgeous Surprise home* sparkling pebble tech pool* 3 car garage* great curb appeal* single level* 2265 sq ft* 4 bedrooms* 2 bathrooms* newer AC unit 2017* large lot with lush backyard and pool* spacious kitchen with large kitchen island* custom water filtration system* neutral light flooring tile throughout home* spacious great room* bay window in master bedroom* double sinks and separate tub and shower in master bathroom* all outdoor furniture in backyard included with home* furniture in master bedroom also included with home if buyer likes it* security system* fruit trees in backyard* pool heater not currently working* custom built in garage cabinets* cultured stone trim on front of home* close to shopping* restaurants* schools* golf* and much more* fantastic home!

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21040 W Park Meadows Drive Buckeye, AZ 85396

$535,000

3 Beds

2.5 Baths

2,192 SqFt

Status Active

MLS # 6697758

Property Type Single Family Residence

Price Type --

Come see this freshly painted single-story home situated on a corner lot in Verrado. Featuring 3 bedrooms, 2.5 bathrooms, plus a dedicated den / office. Ten-foot ceilings and eight-foot doors along with plantation shutters installed throughout give an elevated feel. The beautiful kitchen is equipped with upgraded cabinets, custom backsplash, stainless steel appliances, granite counters and a center island which opens to a large dining and great room area with views to an impressive backyard. An outdoor fireplace and built in BBQ, along with custom outdoor landscape and hardscape set this home apart. The primary suite features a beautiful bay window, large soaking tub, separate shower and walk-in closet. Laundry room is complete with built in cabinetry. Home has lots of storage and closet space, in addition to a 3-car tandem garage with built-in cabinets and epoxied floors. Brand new hot water heater and water softener. Verrado is a master planned community known for beautiful homes, tree-lined streets, front porch living and plenty of community activities. Five highly performing schools and more than 86 neighborhood parks. Verrado is home to over 26 miles of hiking, biking, and walking trails, 2 championship golf courses, 2 community pools, a clubhouse with gym access, along with a Main Street district which is home to several restaurants, cozy cafes and convenient shopping. Verrado's Village green is the place to go for outdoor concerts, farmer's markets and festivals. Make this your home and start experiencing the genuine small-town charm Verrado is known for.

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17648 W Tasha Drive Surprise, AZ 85388

$535,000

3 Beds

3 Baths

2,100 SqFt

Status Active

MLS # 6697923

Property Type Single Family Residence

Price Type --

What a rare find! This stunning 3 bed, 3 bath home in Surprise Farms comes with fully paid off SOLAR panels. The system is grandfathered in at 2017 APS rates, ensuring maximum efficiency & savings. With 2,100 sq ft of luxurious living space, including a den that can be used as a 4th bedroom, this home offers convenience & comfort. Entertain in the spacious kitchen with newer appliances, including a 5 burner gas range & pull-out shelves. Relax in the heated pool surrounded by travertine decking, or unwind on the spacious patio area. Enjoy the convenience of a 2.5 car garage with storage. Located in a sought-after Planned Community, residents enjoy amenities like a ball park, dog park, skate park, and splash pad. Don't miss out on the opportunity to make this your dream home!

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