The Mesa, Arizona, native bought three properties in the area this year and hopes to own more in the future.
"I buy homes, put about $5,000 or $6,000 into them, and then long-term rent them," he says.
The young homeowner doesn't live in any of the properties though; instead, he spends about $2,000 a month to rent an apartment in California.
"So I basically have passive income from these other homes paying for my rent in Cali," he says.
Check out: How Nyjah Huston, one of the world's highest-paid pro skateboarders, spends his money
Persons:
Jagger Eaton, Eaton, doesn't, you've, Charles Schwab, Warren Buffett, Nyjah Huston
Organizations:
X, CNBC, Monster Cable, NBCUniversal, NBC Sports, NBC Olympics, NBC, Games
Locations:
Mesa , Arizona, California, Cali, U.S