Loving real estate at the moment

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I am currently a 20 year old college student wholesaling at the moment. Real estate is the best investment I ever made to myself. I’m not just talking money or something in value you can physically touch. It taught me I don’t have to settle for the normal 9-5 and pay bills till you die. Growing up we were always living pay check to pay check and watching how my mom struggled motivated me.

I was born in Baltimore, but lived in Africa for five years. After that, we moved back to America and lived in Atlanta then finally Worcester MA. I remember when I was 3 in Africa and my mom woke up to me at night trying to sneak some food. Food was limited but in the night time when people slept I was awake. My mom cried with me the whole night, sometimes we slept on the floor. Fast forward to my teenage years I was attending a private high school. My mom was working three jobs to support us and always admired her hard work.I was a good student, I bumped heads into teachers a lot. Most of them liked me as a person and a student but I never really liked school.

I’m a junior in college and started learning about wholesaling last summer. I learned it a little more in school and said ok its time to jump in. Rather jump while im young than fall hard when I’m old. I said to myself you will thank yourself later. I found my first deal around winter vacation. I had it under contract, and found a buyer but the seller pulled out of the deal. Wife was on board but I could tell her husband had his doubts about me. I had it under contract with the seller for $205k and got a buyer to agree to $250k. Seller pulls out and signs with a realtor instead. At that moment I was laughing to myself and saying I guess it’s not all sunshine and rainbows.

I kept looking for more deals. It was tough at the moment because I was broke with fees to pay for my second semester. Especially when I lost out on potentially $45k. I had 44 cents in my bank account, burrowing money from my mom which I hate doing to put a $10 deposit on houses to wholesale. The $10 was just for the contract, these people were desperate and motivated so it wasn’t the end of the world. While I did lose out on my last deal I did make sure to keep back up deals. Something in my gut told me to keep entertaining the other sellers I found on Craigslist’s. I reached out to at least a 100 people via email on Craigslist a day, when I was studying for finals. Would pull all nighters to study and look for deals back in school

I closed on a house with one of those back up deals I was using as a cushion. Made $20k, I never laid eyes on that kind of money before, I was shocked. Before this I was working a 9-5 in a nursing home which taught me patience and hard work. I ended up quitting the job a while ago. In return, it made my boss upset because she liked me as a worker. I told her I needed to put my hard work into something else. At the moment I have 3 properties under contract and one is set to close soon. The rest are getting a lot of bites from investors so I am very excited, but not too excited. The victory comes when I close, there is no need to bring out the ice cream when the job is not done yet. I am in love with real estate and shocked at the benefits, wish I got into it years ago. Also starting to notice trust is more valuable in this business than money. Excited to grow and learn more.