Starting Out - Adam
Starting Out - Adam
  • Age 27, single, software engineer
  • Rents a small apartment on the beach with a college roommate
  • Helps at the local gym where he teaches swimming
  • Plans to marry and have a family someday
One day Adam's landlord, John Watkins, called with an investment opportunity. He explained that he was selling the apartment complex where Adam lived. However, Adam didn't necessarily have to move: the new owner was converting the apartments to condos, and offering them to current tenants at 25% below market price. "That's a great deal, Adam!" said Watkins. Adam hung up the phone feeling excited. "Wouldn't that be great!" he said to his roommate Barry. "I love living near the beach, and I'm sick of throwing money at rent. And I could make money someday by renting it out myself". "Yeah, but Adam," said Barry, "how are you going to pay for it?"

Click on the "PLAY" button to listen to the story.

Find more information about

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Heartland Bank and Heartland Planning Associates are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Heartland Planning Associates, and may also be employees of Heartland Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Heartland Bank and Heartland Planning Associates.  Securities and insurance offered through LPL or its affiliates are:

Not Insured by FDIC or Any Other
Government Agency
Not Bank
Guaranteed
Not Bank Deposits or
Obligations
May Lose
Value

 

The LPL Financial registered representatives associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

BrokerCheck