529 Plan vs. Rental Property: What's the Smarter Way to Pay for College?

When Melissa's daughter was eight years old, she and her husband bought her an out-of-state rental property instead of a college savings account. In this episode, Melissa breaks down three different ways to prepare for the cost of college, including the one they actually used, and the mistake that ended up costing them thousands.  Watch the Free Training: The Lazy Investor Method | "You've done the research. So why haven't you bought yet?" This free training breaks down the three things keeping almost every first-time investor stuck and how to finally move forward with confidence. | Watch here: https://ladyluckinvestments.com/lazy-training-sign-upIn this episode: Why a 529 plan alone left $85,000 on the table compared to the strategy Melissa actually usedThe real math behind a 529The "double dip" move Melissa wishes she'd made with her daughter's property, and what it would have addedWhy money that just sits still can only do one thing, but a cash-flowing asset can do two  You'll walk away knowing exactly how a 529 plan and a rental property stack up side by side, and which one, or which combination, actually makes sense for your family.   If this got you thinking differently about how to pay for college, go watch the free training at passivelyrichwithrentals.com. It'll show you exactly where to start.   See you on the next one. Melissa  ----------------------Most people don't stall because they can't read a mortgage calculator. They stall because nobody will tell them which market, which team, and which house. If that's you, the next step is simple: In about 40 minutes I walk you through the exact People, Property, and Process system I use to buy out of state without becoming a landlord, including a real property projecting a 17% return that I would not buy and why. Register, and I'll also send you my "Deal or No Deal" Calculator so you can screen a property in about 30 seconds. Watch it on demand; no live call to wait for. Watch the free training here: https://ladyluckinvestments.com/lazy-training-sign-up Know someone who's been thinking about buying a rental for years and still hasn't pulled the trigger? Send them this one.🎙️ Enjoyed this episode? Tap the link below to leave us a quick 5-star review! It takes less than 60 seconds and helps other busy professionals find the show. Leave a 5-Star Review Here------->  https://ratethispodcast.com/passiveNot sure if you're ready to buy your first rental or if something is holding you back? Take the Gut Check: ...