Building Wealth While Working a 9 to 5

Building Wealth While Working a 9 to 5

Member since 2020 · 3 posts · 13 votes

Starting my journey into real estate investing was challenging just like starting any other business venture. To be honest, I didn't think I would make it this far, not because I didn't believe in myself but because it was not an easy journey. In the beginning, I didn't really get much support from many people and most people thought this was a SCAM. I kept a positive mindset, disconnected myself from negative people, and found a mentor. I knew my destination and the life I wanted to build for myself but most people could not relate. The best they could do was be negative. I took my financial freedom into my own hands and wanted to change the narrative on my own terms.

During my journey, I juggled completing my Bachelor's degree, my Master's degree, and working a full-time job. There were many nights that I dealt with insomnia, my mood was up and down, and I was stressed. It was very difficult talking to people because they just didn't understand. Growing up with Immigrant parents you are taught the definition of hard work at a very young age. I always knew I would be an entrepreneur because I watched my parents who didn’t speak the English language make it in America!!

My first failed business was selling snacks in elementary school. I was 6 years old making $500 a week with students working as my employees. I remember telling my mother that I was ready to quit first grade and run the business full-time. LOL!! Good thing she talked sense into me. At 31, I am happy to say that I own my 10th property all through hard work. These are homes that I will someday own free and clear due to someone else paying for them.

It takes mindset, confidence, and the ability to not care what people think of you. I created a system for myself that keeps me going #50by50. I will own 50 houses by the time I am 50 years old which is the age that I have decided for myself that I will just retire. I think everyone hears about Real Estate but no one really understands the value that the business brings. At some point, you have to realize that the reparations are not coming, social security may not be available, and 401k's hold no real value. What's not being discussed is that you will have to build your own wealth.

We are all working to buy our time back and creating passive income gives you that ability. I grew up in the inner city of Miami with a subpar education. If I was able to make it through all the adversity that I faced throughout my life there should really be no excuse for anyone else. I encourage everyone to do the same. Time is passing us by and if you are fortunate enough to make it through the pandemics, health issues, lay-offs, and everything else that is trying to take us out you will be glad at the age of 50 to own 50 houses generating X amount of dollars in cash flow. I bet on myself in a world that lacked opportunity for people of my color.

I now specialize in BRRRR, Airbnb, Fix&Flips, buying wholesale properties, and section 8 rentals.

I AM THE BLACK AMERICAN DREAM!!

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Rental Property Investor · Phoenix, AZ · Member since 2018 · 141 posts · 165 votes
6y

@Andy Saintilus

Your story is an inspiration for everyone on BP and just in the RE community to keep striving and never give up. It is often the case when people do not understand something, they believe it is a scam or you are about to lose money. So thats when the negative words come out. The lesson I see in your statement is stay the course and don't ever ever give up due to negative words. 

I am a firm believer that everyone has an entrepreneurial spirit inside of them. Some people need to wake it up, others like you had it come out at a young age. The fact that you had students being your employees, you already had the mindset of a brilliant businessman.

Lastly, I teach this all the time. Never ever rely on your 401k, Social Security to save you. We live in a YoYo (You on your own) economy when it comes down for retirement. It is imperative that investing should be done at a young age because by the time I get 65 years of age, i can feel the world is going to be a scary place for retirement (Those who did not plan for it sooner). The Social Security Fund is going to be bankrupt (provided that no plan has been put to extend it) and in my home state, Illinois, the politicians borrowed from the pension fund and never paid the money back. So they stole from the fund. There is over $130 billion in unfunded liabilities and they decreased the amount of money my generation can take out for retirement. This is why it is imperative that we must invest in something long term and I am convinced Real Estate is the best vehicle to generate wealth for retirement and generations to come.

Again Awesome Post.

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  • Investor · Bath, NY · Member since 2015 · 149 posts · 44 votes
    6y

    Awesome work!!!

  • Rental Property Investor · Phoenix, AZ · Member since 2018 · 141 posts · 165 votes
    6y

    @Andy Saintilus

    Your story is an inspiration for everyone on BP and just in the RE community to keep striving and never give up. It is often the case when people do not understand something, they believe it is a scam or you are about to lose money. So thats when the negative words come out. The lesson I see in your statement is stay the course and don't ever ever give up due to negative words. 

    I am a firm believer that everyone has an entrepreneurial spirit inside of them. Some people need to wake it up, others like you had it come out at a young age. The fact that you had students being your employees, you already had the mindset of a brilliant businessman.

    Lastly, I teach this all the time. Never ever rely on your 401k, Social Security to save you. We live in a YoYo (You on your own) economy when it comes down for retirement. It is imperative that investing should be done at a young age because by the time I get 65 years of age, i can feel the world is going to be a scary place for retirement (Those who did not plan for it sooner). The Social Security Fund is going to be bankrupt (provided that no plan has been put to extend it) and in my home state, Illinois, the politicians borrowed from the pension fund and never paid the money back. So they stole from the fund. There is over $130 billion in unfunded liabilities and they decreased the amount of money my generation can take out for retirement. This is why it is imperative that we must invest in something long term and I am convinced Real Estate is the best vehicle to generate wealth for retirement and generations to come.

    Again Awesome Post.

  • Investor · Gilbert, AZ · Member since 2020 · 7 posts · 8 votes
    6y

    @Andy Saintilus - Awesome story man. Keep it up and hit that 50!

  • Investor · Miami, FL · Member since 2013 · 377 posts · 258 votes
    6y

    Very Dope! I'm excited to follow your journey brother. Keep us posted!!!

  • Member since 2018 · 52 posts · 40 votes
    6y

    Congrats man! I love to hear these sort of stories. It definitely serves as a huge inspiration. I'm local to the Miami area as well. Would love to link up and talk real estate!

  • Real Estate Agent · Miami, FL · Member since 2017 · 506 posts · 205 votes
    6y

    Congrats on your very inspirational journey! Keep growing, keep inspiring & keep sharing!

  • Real Estate Consultant · Seattle WA | Miami FL &|Ft. Lauderdale, FL · Member since 2019 · 95 posts · 29 votes
    6y

    @Andy Saintilus

    Now THIS is what I’m talking about!!!! Keep on crushin

  • Member since 2020 · 2 posts · 0 votes
    6y

    Awesome story @Andy Saintilus. Congrats on your success!

  • Investor · Member since 2022 · 14 posts · 6 votes
    4y

    Hey Andy, are you still doing fix and flips? I am working on a product that helps analyze these opportunities and would love to ask you a couple questions about your experience thus far.

  • Investor · Scottsdale Austin Tuktoyaktuk · Member since 2021 · 4k+ posts · 4k+ votes
    4y
    Quote from @Andy Saintilus:

    Starting my journey into real estate investing was challenging just like starting any other business venture. To be honest, I didn't think I would make it this far, not because I didn't believe in myself but because it was not an easy journey. In the beginning, I didn't really get much support from many people and most people thought this was a SCAM. I kept a positive mindset, disconnected myself from negative people, and found a mentor. I knew my destination and the life I wanted to build for myself but most people could not relate. The best they could do was be negative. I took my financial freedom into my own hands and wanted to change the narrative on my own terms.

    During my journey, I juggled completing my Bachelor's degree, my Master's degree, and working a full-time job. There were many nights that I dealt with insomnia, my mood was up and down, and I was stressed. It was very difficult talking to people because they just didn't understand. Growing up with Immigrant parents you are taught the definition of hard work at a very young age. I always knew I would be an entrepreneur because I watched my parents who didn’t speak the English language make it in America!!

    My first failed business was selling snacks in elementary school. I was 6 years old making $500 a week with students working as my employees. I remember telling my mother that I was ready to quit first grade and run the business full-time. LOL!! Good thing she talked sense into me. At 31, I am happy to say that I own my 10th property all through hard work. These are homes that I will someday own free and clear due to someone else paying for them.

    It takes mindset, confidence, and the ability to not care what people think of you. I created a system for myself that keeps me going #50by50. I will own 50 houses by the time I am 50 years old which is the age that I have decided for myself that I will just retire. I think everyone hears about Real Estate but no one really understands the value that the business brings. At some point, you have to realize that the reparations are not coming, social security may not be available, and 401k's hold no real value. What's not being discussed is that you will have to build your own wealth.

    We are all working to buy our time back and creating passive income gives you that ability. I grew up in the inner city of Miami with a subpar education. If I was able to make it through all the adversity that I faced throughout my life there should really be no excuse for anyone else. I encourage everyone to do the same. Time is passing us by and if you are fortunate enough to make it through the pandemics, health issues, lay-offs, and everything else that is trying to take us out you will be glad at the age of 50 to own 50 houses generating X amount of dollars in cash flow. I bet on myself in a world that lacked opportunity for people of my color.

    I now specialize in BRRRR, Airbnb, Fix&Flips, buying wholesale properties, and section 8 rentals.

    I AM THE BLACK AMERICAN DREAM!!

    Keep a journal. You are headed in the direction of teaching others the American Dream as well. Congratulations. Being able to articulate clearly and think clearly, which you do both quite well, are the keys that open the door.  

    Your comment "I grew up in the inner city of Miami with a subpar education."  The obvious question is: Where'd you learn to write then? We need more kids to find that source.

  • New to Real Estate · Miami, FL · Member since 2021 · 6 posts · 7 votes
    4y

    Congratulations brother! Very inspiring and motivating,Good luck!

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