According to a recent radio trivia question, the most popular regret for people in their 20s and 30s is that they didn’t invest in real estate sooner or at all. Whether you’re in this age group, or you’re well past your 30s, it is never too late to invest in real estate. Don’t become one of these many Americans with this regret later in life!

Although real estate has always been a popular investment option, investing during an economic crisis creates new advantages. The prices are low, the options are high and the chance that the economy will turn around in the future brings high hopes for revenue. According to an article from InvestmentPropertiesInfo.com, though investing in real estate is ageless, your age does create certain factors that should decide how you go about with your investment.

For those of you in your 20s and 30s, time is on your side:

• While you search for an investment, you can take your time and wait until you find a house that fits your needs, and you can spend some of that time educating yourself and increasing your knowledge about real estate. (However, don’t wait too long, or the opportunity might slip by.)

• You can choose to move into your newly purchased home, or you have the option of making it a revenue-only investment. You’re still young enough to rent somewhere alone, with friends or with a significant other, or you could even still live with your parents.

• You can wait more than 30 years before cashing in on your investment, and hopefully, the price you sell the house for in the future will be higher than what you buy it for now.

• If your investment turns out to be a financial blow, you still have many working years ahead to help you pay off the debt and recover.

• As of right now, there are numerous loans and tax credits that first-time homebuyers can use toward the purchase of a home.

• For some young homebuyers, the process of purchasing now will be easier than later, because young people tend to have fewer financial obligations. You hopefully have low accumulated credit card and loan debt, and you don’t have an existing mortgage.

• As far as having fewer personal obligations, you have more time to spend on investing than someone who has already moved up the management ladder at work, or someone who has other people in a household to provide for.

• At a young age, most people are enjoying their best physical condition, and therefore can handle the work and time that home renovation needs.

Having time and fewer obligations to deal with at a young age definitely makes investing in real estate an easier chore. However, established men and women above the age of 40 can easily still make a real estate investment, and we’ll tell you how in Don’t Wait to Invest, Part 2, coming soon!