Press "Enter" to skip to content

Young and Broke – How to get started at young age and no money


how’d it get started at a young age with

how’d it get started at a young age with no money so I got a great question for

no money so I got a great question for

no money so I got a great question for one of my youtube viewers love you guys

one of my youtube viewers love you guys

one of my youtube viewers love you guys eggs on who wrote in to say hey Evan

eggs on who wrote in to say hey Evan

eggs on who wrote in to say hey Evan first of all I love your videos and I

first of all I love your videos and I

first of all I love your videos and I watch them every day you’re a role model

watch them every day you’re a role model

watch them every day you’re a role model for me and you inspire me a lot every

for me and you inspire me a lot every

for me and you inspire me a lot every day Thank You examen that’s great I’m

day Thank You examen that’s great I’m

day Thank You examen that’s great I’m almost 20 years old I live in Germany my

almost 20 years old I live in Germany my

almost 20 years old I live in Germany my question is how to get started in the

question is how to get started in the

question is how to get started in the real estate business especially in the

real estate business especially in the

real estate business especially in the house apartment rental business I’m

house apartment rental business I’m

house apartment rental business I’m learning studying everyday but real

learning studying everyday but real

learning studying everyday but real estate is my passion I found for myself

estate is my passion I found for myself

estate is my passion I found for myself how do I get started at my young age

how do I get started at my young age

how do I get started at my young age without having a lot of money because

without having a lot of money because

without having a lot of money because buying a house requires a lot of money

buying a house requires a lot of money

buying a house requires a lot of money as you know I know I could work into the

as you know I know I could work into the

as you know I know I could work into the business as you’ve told us in one of

business as you’ve told us in one of

business as you’ve told us in one of your videos to get some experience but

your videos to get some experience but

your videos to get some experience but how do I get started in that business

how do I get started in that business

how do I get started in that business and a young age without any money

and a young age without any money

and a young age without any money PS keep doing what you’re doing because

PS keep doing what you’re doing because

PS keep doing what you’re doing because you inspire me you’re doing great in

you inspire me you’re doing great in

you inspire me you’re doing great in what you do ever and loved your videos

what you do ever and loved your videos

what you do ever and loved your videos they push me forward and I learn a lot

they push me forward and I learn a lot

they push me forward and I learn a lot from them by Exxon so this is great I

from them by Exxon so this is great I

from them by Exxon so this is great I love your enthusiasm I love your passion

love your enthusiasm I love your passion

love your enthusiasm I love your passion I love that you found what you love to

I love that you found what you love to

I love that you found what you love to do on your pushing forward on it listen

do on your pushing forward on it listen

do on your pushing forward on it listen you need to go get some experience okay

you need to go get some experience okay

you need to go get some experience okay your best bet now is not just to read

your best bet now is not just to read

your best bet now is not just to read and not just to watch the videos I mean

and not just to watch the videos I mean

and not just to watch the videos I mean keep watching videos that’s great such

keep watching videos that’s great such

keep watching videos that’s great such if you love them but go find somebody

if you love them but go find somebody

if you love them but go find somebody who’s doing exactly what you want to do

who’s doing exactly what you want to do

who’s doing exactly what you want to do who is building these kinds of

who is building these kinds of

who is building these kinds of businesses who was who was buying up the

businesses who was who was buying up the

businesses who was who was buying up the apartments who are buying up the house

apartments who are buying up the house

apartments who are buying up the house and has built a business doing it it’s

and has built a business doing it it’s

and has built a business doing it it’s not just an individual investor but has

not just an individual investor but has

not just an individual investor but has a business and has a team and go work

a business and has a team and go work

a business and has a team and go work for them go learn their ropes from them

for them go learn their ropes from them

for them go learn their ropes from them how this person be a mentor so you know

how this person be a mentor so you know

how this person be a mentor so you know what it what it takes you know what it

what it what it takes you know what it

what it what it takes you know what it looks like to run a successful company

looks like to run a successful company

looks like to run a successful company doing this you know how they evaluate a

doing this you know how they evaluate a

doing this you know how they evaluate a property how they finance it how they

property how they finance it how they

property how they finance it how they bring on investors how they market it

bring on investors how they market it

bring on investors how they market it right who’s on their team how they make

right who’s on their team how they make

right who’s on their team how they make decision all of that stuff you want to

decision all of that stuff you want to

decision all of that stuff you want to learn as quickly as possible and as

learn as quickly as possible and as

learn as quickly as possible and as low-risk as possible because if you’re

low-risk as possible because if you’re

low-risk as possible because if you’re out you go but you don’t have a lot of

out you go but you don’t have a lot of

out you go but you don’t have a lot of money right you go buy your first house

money right you go buy your first house

money right you go buy your first house you go buy your first apartment if you

you go buy your first apartment if you

you go buy your first apartment if you make a mistake on it you’re sunk man

make a mistake on it you’re sunk man

make a mistake on it you’re sunk man right like that first one that’s

right like that first one that’s

right like that first one that’s important stuff for you and so you want

important stuff for you and so you want

important stuff for you and so you want to make sure that when you’re out there

to make sure that when you’re out there

to make sure that when you’re out there doing it yourself you’re not making

doing it yourself you’re not making

doing it yourself you’re not making mistakes go make your mistakes by

mistakes go make your mistakes by

mistakes go make your mistakes by learning from somebody else okay

learning from somebody else okay

learning from somebody else okay the education you’re going

the education you’re going

the education you’re going get from them will also shortcut your

get from them will also shortcut your

get from them will also shortcut your path so instead of you taking 10 years

path so instead of you taking 10 years

path so instead of you taking 10 years to figure this all out yourself you’re

to figure this all out yourself you’re

to figure this all out yourself you’re taking somebody’s knowledge from the

taking somebody’s knowledge from the

taking somebody’s knowledge from the past 20 30 years of their experience and

past 20 30 years of their experience and

past 20 30 years of their experience and in three six eight months you’re

in three six eight months you’re

in three six eight months you’re bringing it absorbing it because I get

bringing it absorbing it because I get

bringing it absorbing it because I get the sense you’re gonna absorb this stuff

the sense you’re gonna absorb this stuff

the sense you’re gonna absorb this stuff pretty quick

pretty quick

pretty quick you’re internalized in it so when you go

you’re internalized in it so when you go

you’re internalized in it so when you go out and make decisions you hit the

out and make decisions you hit the

out and make decisions you hit the ground running okay so go out and find

ground running okay so go out and find

ground running okay so go out and find that person even if it’s part-time just

that person even if it’s part-time just

that person even if it’s part-time just to learn and get that mentorship the

to learn and get that mentorship the

to learn and get that mentorship the other thing to keep in mind is this

other thing to keep in mind is this

other thing to keep in mind is this doesn’t have to be all your money okay

doesn’t have to be all your money okay

doesn’t have to be all your money okay you don’t have a lot of money you don’t

you don’t have a lot of money you don’t

you don’t have a lot of money you don’t need a lot of money a lot of these guys

need a lot of money a lot of these guys

need a lot of money a lot of these guys they get investors so how do you then

they get investors so how do you then

they get investors so how do you then find investors and have the credibility

find investors and have the credibility

find investors and have the credibility right you’re not even 20 years old how

right you’re not even 20 years old how

right you’re not even 20 years old how do you have the credibility and how do

do you have the credibility and how do

do you have the credibility and how do you have the confidence right if you’re

you have the confidence right if you’re

you have the confidence right if you’re going and asking people for money and

going and asking people for money and

going and asking people for money and say hey you’re gonna make a great return

say hey you’re gonna make a great return

say hey you’re gonna make a great return on this you’re gonna know that it’s

on this you’re gonna know that it’s

on this you’re gonna know that it’s gonna work how do you get that

gonna work how do you get that

gonna work how do you get that confidence when you’ve never done it

confidence when you’ve never done it

confidence when you’ve never done it before that’s why getting the experience

before that’s why getting the experience

before that’s why getting the experience even a little bit of experience working

even a little bit of experience working

even a little bit of experience working with somebody who has a track record who

with somebody who has a track record who

with somebody who has a track record who will teach you things so that when

will teach you things so that when

will teach you things so that when you’re ready to go launch yourself and

you’re ready to go launch yourself and

you’re ready to go launch yourself and you find a great deal in the department

you find a great deal in the department

you find a great deal in the department or house maybe the first one is a split

or house maybe the first one is a split

or house maybe the first one is a split joint venture with with your mentor or

joint venture with with your mentor or

joint venture with with your mentor or maybe when you go out and you start

maybe when you go out and you start

maybe when you go out and you start looking for investors it’s not just your

looking for investors it’s not just your

looking for investors it’s not just your name but also the mentors name on top of

name but also the mentors name on top of

name but also the mentors name on top of it so there’s extra added security on it

it so there’s extra added security on it

it so there’s extra added security on it right it doesn’t have to be all your

right it doesn’t have to be all your

right it doesn’t have to be all your money you can break out of that mindset

money you can break out of that mindset

money you can break out of that mindset because if you’re starting from nothing

because if you’re starting from nothing

because if you’re starting from nothing it can take a long time to build up to

it can take a long time to build up to

it can take a long time to build up to getting enough to buy an apartment

getting enough to buy an apartment

getting enough to buy an apartment complex right that’s a lot of cash but

complex right that’s a lot of cash but

complex right that’s a lot of cash but again a lot of these guys don’t use

again a lot of these guys don’t use

again a lot of these guys don’t use their own money for everything you may

their own money for everything you may

their own money for everything you may put a little bit of your own in then you

put a little bit of your own in then you

put a little bit of your own in then you get investors and then you charge your

get investors and then you charge your

get investors and then you charge your management fee you charge your

management fee you charge your

management fee you charge your management fee on top of everything that

management fee on top of everything that

management fee on top of everything that comes in so you’re earning an additional

comes in so you’re earning an additional

comes in so you’re earning an additional percentage or two or whatever it is you

percentage or two or whatever it is you

percentage or two or whatever it is you figured out their best models to

figured out their best models to

figured out their best models to practice to look at but the money

practice to look at but the money

practice to look at but the money doesn’t always have to be a hundred

doesn’t always have to be a hundred

doesn’t always have to be a hundred percent yours again you go to the side

percent yours again you go to the side

percent yours again you go to the side are you in this just as a passive you

are you in this just as a passive you

are you in this just as a passive you know investment thing on the side where

know investment thing on the side where

know investment thing on the side where you’re off then having a job or doing a

you’re off then having a job or doing a

you’re off then having a job or doing a different business or art you want to

different business or art you want to

different business or art you want to turn this into a business right do you

turn this into a business right do you

turn this into a business right do you want to have lots of houses lots of

want to have lots of houses lots of

want to have lots of houses lots of apartments a management team to run

apartments a management team to run

apartments a management team to run everything because if you’re going to do

everything because if you’re going to do

everything because if you’re going to do that

that

that then you got to look at how do I get

then you got to look at how do I get

then you got to look at how do I get capital and breaking out of the mindset

capital and breaking out of the mindset

capital and breaking out of the mindset that it all has to be your own is gonna

that it all has to be your own is gonna

that it all has to be your own is gonna help you extort this business forward so

help you extort this business forward so

help you extort this business forward so those are my two bits of advice again

those are my two bits of advice again

those are my two bits of advice again recap go find the mentor work for

recap go find the mentor work for

recap go find the mentor work for somebody who’s done this make make your

somebody who’s done this make make your

somebody who’s done this make make your mistakes and somebody else has died and

mistakes and somebody else has died and

mistakes and somebody else has died and let them teach you the ropes and then to

let them teach you the ropes and then to

let them teach you the ropes and then to when you find your first place bring on

when you find your first place bring on

when you find your first place bring on investors charge your management fees

investors charge your management fees

investors charge your management fees you’re not just doing it all yourself

you’re not just doing it all yourself

you’re not just doing it all yourself you have some experience using other

you have some experience using other

you have some experience using other people’s money and whatever you have for

people’s money and whatever you have for

people’s money and whatever you have for yourself and you build it up from there

yourself and you build it up from there

yourself and you build it up from there I’m excited for you good luck let me

I’m excited for you good luck let me

I’m excited for you good luck let me know how it goes keep me posted with

know how it goes keep me posted with

know how it goes keep me posted with your progress and believe for those of

your progress and believe for those of

your progress and believe for those of you watching let me know what you think

you watching let me know what you think

you watching let me know what you think if you’ve done anything in the real

if you’ve done anything in the real

if you’ve done anything in the real estate business you have something to

estate business you have something to

estate business you have something to add to this video please leave it in the

add to this video please leave it in the

add to this video please leave it in the comments below it’ll help inspire other

comments below it’ll help inspire other

comments below it’ll help inspire other people as well you like this video give

people as well you like this video give

people as well you like this video give it a thumbs up and you can click on my

it a thumbs up and you can click on my

it a thumbs up and you can click on my face to subscribe to the channel see

face to subscribe to the channel see

face to subscribe to the channel see more videos like this thank you so much

more videos like this thank you so much

more videos like this thank you so much I’ll see you soon

”

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *