As a young person starting your first job, you may think your only investment options are stocks or the company’s 401(k). Yet there is another investment opportunity you may not be aware of: real estate in the form of a home.

Buying your first home doesn’t have to wait for marriage and children. Also, your first home doesn’t have to be your primary residence. You can buy and rent a house, giving you another source of cash. These funds can pay off the mortgage or provide the means to invest in new investments. Since real estate tends to appreciate over time, you can make a profit when you eventually sell. (These are the cities where investors buy the most real estate.)

24/7 Wall St. created this list of four reasons why a home might be a good first investment, based on “Why Early Homes Could Be Investment Properties”, a report produced by the financial technology company SmartAsset.

Click here to see four reasons why your first home is a great investment.

Admittedly, buying a home can be a daunting task. But by browsing the market, you can find reasonably priced properties, especially in the Midwest. Despite its ups and downs, residential real estate is a solid investment that doesn’t wait to be older. (These are the cheapest cities to buy a house.)

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A Financial Advisor can help you understand the pros and cons of investment properties. Finding a qualified financial advisor doesn’t have to be difficult. SmartAsset’s free tool connects you with up to three financial advisors who serve your area, and you can interview your advisors at no cost to decide which one is best for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate helps diversify your portfolio. But expanding your horizons can come with additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, which helps you maximize your profits.