A few weeks ago, I was lucky enough to share with my podcast listeners the story of Brad, one of my younger students who is in his early twenties from the UK. I enjoyed listening to Brad’s story, because he reminded me so much of my adventures before I discovered the benefits of seller finance!
Like me, Brad also had very long journey before becoming a full time property investor, and when I say “journey” it means he jumped from one job to another before he attended one of my events in the UK. Straight out of high school, he first worked as a brick layer. Then, when the market crashed in 2008, he delivered the mail as a postman. And because he did so well delivering the mail, he was promoted to an area manager.
By many folks’ standards, Brad did well for himself, as a 23-year old area manager for the postal service, but Brad wanted more. The only problem was that he didn’t know how to get where he wanted to go. His dream was to invest in real estate.
I can say that his luck changed when one of his cousins invited him to attend one of my training events in the UK. Brad admitted to me that when he first walked into my seminar, he had no idea whatsoever about property investment, despite having the passion to want to invest money in houses. This lack knowledge, however, didn’t last that long. After learning my strategies, one thing led to another, and Brad proudly shared with me and my listeners that his first rent to buy deal had a successful outcome.
You may know this (if you have already read a copy of my book), but like Brad, I had my fair share of jobs in Australia, Europe, and Texas before I struck gold with property investment. I used to be a bus driver, hosted a TV show for a while, and did A LOT of jobs here and there to make ends meet. When I married my wife, Jane, we both agreed that our dreams was to have enough money to travel, spend time with our families in different parts of the world and make a difference in peoples’ lives. The only problem was that our jobs, back then, didn’t give us what we wanted and we were searching for another way.
It was a stroke of luck, during the Savings and Loans crisis in Texas, when I got my big break with buying a house. Jane and I were able to acquire a significant property portfolio after investing for one year, and from our experiences we created the foundation of our predictable, reliable property investment strategies used in Australia and the UK today.
If you’re young, don’t have a lot of cash and you’re passionate, that shouldn’t stop you from reaching your goals. You’ve got everything to gain and nothing to lose!
But if you’re really serious, invest in yourself first, surround yourself with like-minded people and find a mentor whom you can turn to for advice in the field you’ve chosen, like Brad did.