Loving real estate at the moment

[Account Closed]

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.

[Steven Rubino]

Good for you Daniel, you should be proud of what you’ve accomplished so far. So many people sit around and complain about it being “too difficult” or “I don’t know how to get started” or any number of other excuses. You didn’t let anything stop you from taking action. I’m excited for you and all your future success!