0 to 54 units in 12 months

[Guillaume D.]

Hey guys,

I am a full-time real estate investor from Montreal, Canada. Almost 3 years ago, I started flipping single-family houses and subdividing land on a part-time basis. One year later, I was able to go at it full-time along with my business partner. To date, we have completed over 20 transactions. 

In September 2016, my partner and I decided to keep flipping, but to focus most of our attention on buying rental properties in order to build sustainable long-term wealth.

Fast forward 12 months later, we went from 0 unit to 54 units with a little over 1.7 million dollars in equity (along with 3 million in mortgage).

The key is simple: You just have to do it. Take action! Nobody else will do it for you. Everything you buy should ideally be off market, and you have to be very careful with your calculations in order to buy properties that will surely yield great returns. If you analyze the right way, you will decrease your risk drastically. 

No we are not rich, and we used OPM (other people's money) to complete all of our purchases.

If we could do it at 28 years old, so can you!

Let's go!!

G

[Guillaume D.]

@Mateusz Prawdzik Wow! Very impressive. At 19, I had not clue what I wanted to do for a living so you have a clear head start on probably all of us! ahah Keep it up and I would love to hear your story. 

I bought my first triplex when I was 23 with 2 other partners so I didn't have to put any money into the deal, and completed my first house flip at 24 again with 2 partners for the same reasons. I then took the money I made from my first flip (about 7k), and I went out to participate to every RE event possible, bought RE books, enrolled in some RE classes, etc. The next house flip I made, after I gathered all of this knowledge, generated a profit of 50k so essentially my initial 7k transformed into 50k. Then the next house flipping deal was 100k profit, and so on and so forth.

I started with nothing and never put a penny in any deal I've made. If we can do it, everybody else can! You just have to be knowledgeable and convincing enough to be able to gather OPM (other people's money) to grow your real estate business.

G