Investing in Real Estate WITHOUT a W2? How I Bought 3 Properties in 2 Years!
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At just twenty years old, our guest is already making big moods. He's managed to buy three properties at just two years. His story proves that age is just a number.

When IT comes to building well through real estate, he's learned a ton in a short time, and now he's here to share the strategies that helped him, that tract, his success. Whether you're a seasoned investor or just getting started, there's a lot you don't want to miss. So keep listening. This is the real set rookie podcast. I'm ashly care and i'm here with tony jay Robinson and .

welcome to the podcast where every week, three times a week, we're bring you the inspiration, motivation and stores you need to hear to kick start your investing journey. And today, I am super excited to have David slow ducky on the podcast David.

walk to the world set rooky POS say.

what we're going to cover today is building capital to invest at a relatively Young age. How's you break into the market today even with all of the different kind of chAllenges that might be going on and then things to avoid if you're considering we having? So David.

again, super SATA jumper here. man. yeah.

Grateful for guys, David, before we get into all of your accomplishments. So what made you even decide on time to invest in real state?

So I was when I found out just about real state as a concept, even make money as a real state agent or investor. I was seventeen, uh, I was in california living with my brother, and I had no idea what I wanted to do with my life. But I did know I wanted to be financially independent, financially free. And he actually, one who taught me about real estate as a whole. And I just dove in from there.

I went to ask, because you're relatives vely Young investor. And there are a lot of folks listening right now who, even with maybe more life experience, maybe with more more years of work experiences, more capital saved up, they still often been able to pull the trigger on actually getting that first deal. So just at a high level, what do you think IT was that gave you the confidence to say, hi, I can actually do this thing.

IT was really just taking a risk on myself, you know, taking that bet on myself. You know, I growing up, you know, we weren't the wealthiest growing up. I was borrowing gas money for my dad. Just even get to like listen appointments when I became a real and IT really was just that bet and risk on myself to take that risk by my first property and learn through my first property to, you know help me grow uh, in the future and you become have a long journey of a real state investing .

ahead of me. Do you think that becoming a real stay agent helped you take action sooner as into your real city of nothing?

Yeah, I mean, IT was the biggest thing. That's why I became a real state. IT wasn't because it's like my passion. It's become my passion. But IT wasn't. You know, I want to be a real city age when I grow up IT was, I want to become a real investor, health, financial freedom. So become a real, becoming a real set agent really allowed me, number one, to build wealth like.

And that was the biggest thing coming from no money to what's a career I can get into a eighteen to build the most amount wealth I possibly can, with no ceiling attached to me because of my age, and allow me to invest in real state. And that was, in my mind, in a real state agent, right? The people i've ve networked with my mentors every day, I come to an office with knowing ers through real state and just asking the advice that eighteen, nineteen and twenty has been instrumental to my life so far. So becoming a real city agent, just being in a clear parallel to real state as like investment was instrumental to my success. And it's what's allowed me to you make that first move, buying my property, head the guidance in the mentorship.

There's no Better way to learn about relate, then to get paid, to learn about state. That's what I haven't to you. I I didn't know at the time that's what I would get out of IT. But when I switch from being an account to working as a property manager, I learned so much and I was being paid for IT. And I probably wanted of known about realised investing, unless I had surrounded myself with those people in that room.

Yeah, that was one hundred percent for me too. I just the my idea at a Young age, I had the idea that I I am Young and I I don't know what i'm doing. So what where is a place that I can be surrounded by? People that know what they're doing have made money and what I want to do? And just being an agent was the clearest, least resistant path to get there. Ah and again, yeah like you said, I can make money to learn about real stay and le connections and just be involved in everything.

So when you're talking about building out your goal for real estate, you talk a little bit about how becoming an agent was going to help build capital to reach that goal. How long did IT take you to actually purchase your first investment after you really started to digging to the research of investing?

Really shockingly? Not long at all, right? So I told you at I was borrowing gas.

Might just to give you at a twenty two year old car that I was driving, these listing appointments, not like when I say there was like nothing, there was nothing. So that was the day I turned eighteen. That's when I became a real state agent.

And six months, seven months later, I bought my first property. And I took again the mentorship that allowed me to do that, right, the ideas that I don't have to do this all on my own. So um that was I didn't take very long at all and it's the way I did IT.

There's so many options to dive into real state and especially having little to know money, obviously, yes, you you need money to buy real states. You you should have reserves and all that. And and I do, but I didn't take very long because the number one in the way I did IT and number two is just the support and connections that .

I had through my career. Well, David, you're definitely holding us in. How did you do I know.

waiting for that golden question. So my first property, I I was eager to buy a property, right? And i'll tell you the mistakes and the success is I made by I was so eager by a property and I really just wanted that title of buying property eighteen, which is the domus way to buy a proper, just like eagerness and warning that title.

But that's my stories. I just wanted share IT and I the way as they will be appropriate eighteen is the income was no longer in issue. I was making a good income as a real city agent.

I I did everything I could. I was working twelve, fifty hours a day just trying to number one, learn the business to get the capital. So the capital in a nap coming an issue. I knew I had know the rapier to make income as a as a real city agent.

IT was financing what loan officer who is going to finance to an eighteen year old self employed kid who is making ten grand, you know, a year ago, a year like I was making anger in a year, a year ago, so no longer even give me the second thought to look into anything for me. So I knew that was my problem. I needed to find a partner, a person that could get the financing, and I needed to offer them some sort of value so that they would want to work with me.

And I saw each out a few people. And my step brother was actually interested in investing in real state. So talk to him. And we SAT down, we formulated a plan.

We shared, you know, what's my value? What's his value? And it's change in its, you know, to grown throughout the years of earnings is property.

But his value initially was he can get alone. And my value was my connections at the income. You know, we were taking less risk of a major expense happens because we're both fifty part.

So those were the value propositions. And that was able by IT. So he bought IT as A F H alone, three and a half percent down.

And he decided to live in IT for one year. And we bought a duplex in shaker heights, which is a really hip area of cleveland, at the marketing from. And we bought a duplex, F.

H. A. He moved into one unit. We run IT out the bigger unit. He lived in IT for a year.

And a year later, we ended up um you know renting out the other unit that he was living in. And it's a good cash along. Property equity has gone up over the past two, three years and it's IT worked out very well. But I looked at what was my issue, what was my value, and how can I, you know, solve my issue, solve my problem to get my first property eighteen?

And I feel like you solve the problem for your brother, too.

That was the other thing. He was nervous to jump into the game. Thankfully, i'm so grateful he took the a trusted me at eating and I don't know how that happened, but he did. He took the leap of faith and yeah, that's what he decided to yeah, he needed me as well as much as I needed ten minute. It's been a great partnership for the past couple of a year so far.

Stay tuned after a break for more from David and how he was able to finance his first deal at just the age of 1。

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our guys welcome back to the show where we are joined by David. You said the big keyboard, they're David, which was partnerships and I was like a looking behind and to see if I had our our partnership book. But know somebody guys may know action.

I could worth the book on on real, say, partner ship for bigger pockets. And you literally just described one of the key reasons why a expLoring partnerships might be something worthwhile for folks because you, David, you had the desire. You have the skills set that you were building.

You even had some cash coming in, but you didn't have the ability to ground and get the loan. And your brother, on the other hand, wasn't doing the research. He wasn't, like me, deep in the world of realistic investing, but he saw the value in IT, but he had the ability to approve for for the mortgage.

You guys are like a match mate in heaven because its complimentary school sets. And you're like you said, you're sharing some of that risk, sharing some of that that financial responsibility. So I knew you did something similar. One of your your properties as well and maybe walk us through how you leverage partnership with the family .

mother as well. Yes, I did almost the exact same thing. David, with my sister, SHE bought a property as the duplex with an fh j loan, and they didn't require me to go onto the loan. But we were fifty fifty una deed.

One thing that was different was that I did pay the down payment, and since we are family, I could write her a gifts letter that i'm gifting the the fourteen thousand dollars I think IT was to her for the dub payment, the closing cost, and that SHE did not have to pay IT back, which he did not, because for that fourteen thousand dollars I was getting fifty percent equity. And I think I was like a hundred and forty three thousand dollar property SHE was purchasing and SHE ended up doing, I think, five percent down on IT. If I would have went and bought that property at the time, I would have had to put twenty percent down.

I didn't. This wasn't a property that I could get seller financing on. I didn't have any private money lenders at this point. I definitely didn't have twenty percent that I want to give up without draining my reserve. So this was a great opportunity for me to get in with little to note money.

My sister was just fresh out of college, didn't have the money at to purchase a property, but was starting her first job. So I was really like a perfect scenario for each of us, and IT will really be a long term play. So for my sister, very short term, SHE pays, I think, forty five dollars a month for her utilities, like after the person that lives below her pace for all of the expenses.

So SHE really has no cost of living and sport is living housing expenses on the property and she's lived everything six years now maybe. Um and then my long term play as I don't see any cash low now, but eventually if my system is out of the property will split the cash flow or when he had decided to sell IT will set split fifty percent of the proceeds of the property. So I love that you were able to make that happen with your brother too. And to do that, I think a really big thing to is that being forward with whoever you're doing alone with too as to what is happening um as far as the ownership of the property too.

yes, yeah I would have to agree yeah I don't really allowed us both to break into buying properties and learning together rate. I mean, I did so much research beforehand, but I I don't know what I don't know. And the only way to learn IT is to ultimately do IT.

You could limit your risk, but you have to jump in and do IT to learn everything. So that was the biggest for both of us as we gain the knowledge we've learned just through the partnership together. And now we have a cash line property that has long paid down benefits, and it's it's a wonderful thing now.

So I think one of the big questions we get from folks about partnerships is like how exactly was IT structured. So maybe walk is through like the intricate details of how you put that partnerships together. Was your paperwork involved? Like did you guys talk about worst case in area someone wants out with? Just kind of give us the annnounced, how you actually structured .

that partnership? Yeah, we could have done that Better, right? I mean, moving forward, we would have spelled out a lot more things.

But how we worked that out initially was you know fifty, fifty, all expenses of downpayments, fifty, fifty. Everything's fifty, fifty. He's obviously hundred percent on the loan, but we did what actually did at the deed fifty, fifty as well. And we had an agreement on the side that we both you know had notarized and and just had for ourselves about everything that we just felt out, fifty, fifty and our expenses.

And if someone wants out, then they have either we talk to each other about selling the property and if both teams are on board than I was, that, that would be the option or the one part person has to pay a out the other person. And you know a lot of its trust with family, which I don't recommend even if you're with family spell IT out you spell every bit of everything out and moving forward to tell you would do IT. And that's what I mean, like we've grown together and thankfully we're both like minded and and wanted protect each other.

You know no one's how to get someone but always spell everything out. So that kind of how we've arranged the set up as as right now. So David.

what was the point in time where you decided you were ready for the next deal?

And what did that look like? So I looking for properties and just finding ways to buy them. I heard my set bytes X, I knew that exactly what I wanted, and I knew where I wanted to buy IT.

And I i've stuck to that bia box to this day is basically location, condition, layout like these things are very important to me when buying a property. And I was always looking for just a deal. And I knew the second popped up.

I would find a way for IT to work out. I I never looked at what I had now and try to sort like what can I buy, what I have now. I just looked at what's realistic and what's obtainable, what can I buy. I don't have everything figured out now.

But when I find that property, I want to figure out a way to buy that property, whether it's another partnership, or I have to solve another problem for someone else to whatever IT is, i'm going to figure out a way to buy that property. And IT abi came up. I was nineteen, still living with my parents, and I was making decent money.

I wanted to move out, just got a girlfriend, you know, I really wanted to move out and just have my own independent life. And I found a property. Couldn't believe the deal.

I looked at. IT wrote off for the same day. And the how I purchase that one, IT wasn't in an emotional decision. IT was very educated like I I did allowed a research, performs to how my next property was gna.

Look, what I wanted to do was I wanted to move out, but I also wanted to buy a property that was extremely safe. So me being a year, you're in half in as a real city agent, I know my income goes and it's like a roller coast goes up and down. So I wanted to buy a proper where if I couldn't afford IT, for whatever reason, I could always move back into my parents or whatever IT is, and I can rent t IT out. So I actually bought a rental like a single family rental that I knew I could at any point I I would live in, but at any point I would turn IT into a cash flowing rental. And that's .

exactly what I did. That is so amazing in such created bias to have a second exit strategy that is separate from what the main purpose of purchasing that property is for. So we just said, uh, a flip that's about to closed.

And when we bought this flip house, we said, okay, worst case scenario, we can burn IT. The numbers will still work and we can rent out the property if we cannot sell IT as a flip. And I think that is such great advice to lower your risk as to having those options in place.

I'm curious. So David, like in turn of the the financing peace, were you able to kind of get past that hurdle because now you had a little bit more experience in the job? Or or did you have to sort some creative way to solve that issue as well?

So that was A A big fear mine. I was struggling to find financing always, and that's where becoming a real city agent. And for the people listening, you don't have to become a real state agent.

I would just recommend if you're looking to do what I did, get into something parallel to real state, whether it's ler title, whatever IT is parallel um but for me, the connection I made as a real city agent, i'm obviously talking to hundreds of lenders. Now stop and i'm constantly sharing my story with them of like what i'm trying to do, what i'm trying to build, where i'm out with that. And one really liked me and took me and SAT me down, worked out of a legit loan program where I was able to get a conventional loan.

IT took a lid of effort on his end, yet I don't know exactly what he did, but he was willing to put in their effort for me up front two, you know, have a future relationship with me buying properties and we've been working together ever sense, but. That was yeah I was I knew I had one option of A D S C R loan or a non Q M loan, which I did not want to do because is higher industry everything high risk? Um so I was really trying to get that conventional alone and that's how I did. I just saw the connections I made as a real state agent.

Once again, great advice.

yes. And this is something that to took me a while to understand as new real state investor like I just assumed that every bank offered the same thing, that every london offered the same thing. There was like a standard sweet of loans, and you have to pick from that standard sweet t but the truth is, is every single london, every single credit union, every single think they all have lightly different loan products that they're able to offer.

And they are process for choosing who gets approved for those types of loan products are different. So one bank may look at David and say, you are not someone that we can lend to. Someone else may look at dave and say, you are the exact type of person we want to lend to. So IT very much differs from person, a person. And I love that you said, have i've been able to talk over one hundred lenders the course of being an agent and all you need IT was one out of one hundred to say, hey, we can actually get this deal done for you and tony.

I mean, it's a good thing I didn't realized IT to a year and a half in to being an agent as like, oh my gosh, this they all offer different products just because working with buyers who didn't get create proved with one mortgage company, we would immediately switch into another one and oves on their proof. So I opened my eyes to that could be the same thing for me. And believe or not, that second property I bought in the escorts.

So when I had the offer accepted, IT fell through three times with three different lenders before I was able to talk to refine that that fourth lunder. So I mean, I wasn't left and right battling for forty five days tooth hanne trying to get my offer I have signed off, accepted from the sellers, but no one's wanting to lend to me right now. And I have the income was I was driving me not. So thankfully, I was able to get in touch with that one longer. And I I figured that out August.

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Okay, let's a jump back in to today's episode. David, what ended up happening with this property? Did you live in a and all as well? Did you have to turn IT into a rental? Kind of give us the outcome?

yes. So I lived in IT. Everything was perfect. We actually fell in love with this home, and we fell in love with the neighborhood. So me, I am actively trying to by properties in neighbor now because of, i've learned IT now i've lived in, I know the igher or I know the neighbor and i'm trying to buy everything up. But yeah, everything was as well.

We only moved out because we wanted to buy this flip and and i'll get into the flip in a second but that flip I ended up having to move into you just you know again, lower my risk and um all that but yeah, everything worked out great and once we moved out of IT, uh no IT served its a purpose. Once we moved out of IT, uh IT turned into one of the best rentals that I could ever matter. Like i'm still to stay in all with the the rental outcome of IT because I was expecting one rent.

And I was like, I have been content with twelve hundred dollars. We ended up getting fourteen hundred dollars on a that was one hundred and thirty thousand dollars to buy and it's right by the lake. And I was like, couldn't believe, I couldn't believe.

and I still can't believe .

to this day in will be north manner area to suburb of cleveland. Uh, the great thing about cleveland is is still super affordable. And you have a major lake that is the size of an ocean for people.

So this neighbor is north, will be north manner. It's like an older cattail type home or cottage type neighborhood and a is walking distance to the lake. And I was, uh, I mean, he was an incredible bay for us. So yeah again, one hundred and thirty thousand cash flows like crazy right now.

That is so awesome, dave mayor and I just recorded an episode. I'm not sure when I will be released or if it's already been released by this happiness is, but you can find IT on the bigger packets ts youtube channel or on whatever podcast platform we listen to. We didn't episode about uh called lake effect cash flow.

So was a term that we heard coined by handy washington. And so we did a whole episode just by racking down, you know I called IT the rust belt as to properties that you know areas and cities ever in the rust belt. But really we went there. We didn't some market analysis and some these different areas. And while there really is some great cash flow potential there and just you have the beauty of the great lakes to and on brush water sources, always added value .

IT still grows my mind. And I know we have some really cold winters up here, but IT is just being that close to the lake. And then we would walk her dog down to the lake every day.

And again, I can just one hundred and thirty thousand. So even at one hundred and thirty thousand, I was still trying to lower my risk by making sure to be a run tall. And then, god, I did, because IT really made me aggressively go after that house and living in that we've put maybe five to IT.

You just doing basic cosmetics, light figures is minor stuff. And um it's it's helped me out immensely just moving forward, allowing me to take that risk for my next property because I have the cash low. So it's been A A huge benefit .

and success for me here was .

that purchase for the .

twenty three OK. I was right, one hundred and thirty thousand eleven purchase.

That's insane. He was late, late twenty twenty three IT was actually actually close on IT on halloween. So would be a year ago coming up so close on on halloween. I didn't know if that was bad luck or good luck, but I think I might have been good luck.

I about to close on halloween. How some selling next week to him.

That's fun that we ought. We bought our primary residence on alloweth. We moved in on halloween. really. Yeah.

got to be a good, good day. good. Yeah.

course you go to this property, you can to do that the move in situation, then you also know there is a that you had to kind of get done with as well as well that you .

a little bit yeah, that flip has been such a stressed. So I and i'll tell you guys my mistakes, just so no one make these mistakes again. But I run A A, A six figure a business as a real city agent. Very grateful for IT. And I decided, having no contracting experience, I have no idea what i'm doing with a hammer that I could flip a house and I could learn that I could do the youtube, you know, college course and I could flip a house with how .

busy and so you're thing as the contractor?

Yeah, yeah. I was like, I could be the contractor for this and absolutely I cannot be. So we've had to and really just throughout that flip and thankfully, I will meet a lot of its luck.

A lot of IT was um you know being ratel c about how we bought IT, why we bought IT and having those exit trades that gave us the you know mobility to kind of be flexible. But we have had to adjust. It'll actually the flip will be officially done. We're still living in IT right now, but it'll be done in three weeks. So or cross my fingers there, but I can go into that deal if you would like yeah.

I just give us a little run down of the other things that happened to IT and lessons learned for someone else to.

Yeah, so I started out with buying IT and moving into IT. I decided do that because even though I had the capital to buy jeers and a investment, if you move into IT, as you guys know, lower interest state and I could be flexible on the downpayment, I could do as low as three and half to, I could do whatever I want. Basically with the downpayment, I decided to do five percent down to give me as much flexibility in capital during the rehab because I also knew i'm going to mess this up and i'm just trying to be prepared for when I mess this up. I don't know where it's going to be, but i'm never mess something up.

That's actually a really smart way to go into a red like like when we're flip in property, you always try to make sure that we have a little bit of cause where is escaping me yeah, our contingency when we're doing on our budget because we know there is something that's going to happen that we don't we didn't anticipate this call. So the fact that you baked that and even maybe it's been a little bit stressed, it's good that you do that from the beginning.

Think, god, I did yeah because it's what i'm still going to be profitable on IT. And my big thing was my only goal, my first lip, I ve always wanted to do flips, and I was I was thinking about them, but I didn't know how I I couldn't figure out how to solve my problem. And I knew if I just jumped into IT, IT would force me to what, you know, you got to figure this out like now because we're in IT.

So that's how I Operate. I don't recommend everybody do IT that way. But I decided that I just going to jump into IT, take as many, you lower my risk as much as humanly possible.

So I bought IT, decided that I was going to a fix IT up, which was going to lower my, my rehab costs. And I know that three months of painting got done. So I was like, I can not read this house myself.

I now have my girlfriend moving in with me and she's thank god for her. She's trying to help, but we're living in a dump, right? And uh thankfully, when we measured each and every room, uh, the listed square footage was five hundred square fee lower than when I measured each and every room.

So I went from like a fourteen hundred school foot house to almost a one hundred graphite house when I and I measured IT like three times. So my irv, you know, shut up. After that I had, I bought IT at one ninety five as expecting my air v to be two seventy five.

Then, you know, I swore footage helped me on, oh, oh my gosh, you know, we could saw that three hundred, three, fifteen. And i'd like to go conservative in laws. So these are lower numbers. But and that was my initial assessment. Thankfully, we found that square footage because worth having to hire out contractors.

Now obviously, that we have has gone up, 本来 use the contract that my investors and you know other people have used that are trustworthy contractors and got them in there。 And you know it's being worked done eight hours a day and it's it's moving along. Now the one thing I didn't realize is as much as I wanted to do IT myself, the one thing I didn't think about was holding costs, right?

If I do with myself, it's gona take a year, year and a half. I'm going to mess IT up. I have to redo IT. I'm have to learn IT so it's onna take a lot longer whereas I hired IT out two, three, four months max, which can completely you know and completely changes your profit. So once I realized that, I started looking at the numbers a little bit differently and I decided I was I was definitely worthwhile to do that.

Actually, can I ask you question because, you know, David, you mention something that i've i've never done before, but actually, have you ever actually measured your own square footage of the property to see if IT, if IT a lines? No, i've never done that before.

I mean, if I selling a property, my agent comes in a year, but I don't think i've actually ever compared if that match like matches what I bought IT for on that listing or my agents. Sometimes you'll just take what ever was on the original listing and turns IT over.

That's what most people do, right? So I noticed that that one agent, even I do IT for as an agent, i'll just take whatever on the other site. And so the one thing I realized is like this might IT doesn't feel like a fourteen fifty four foot t like IT feels like a hundred square foot.

And that's why we bought IT, right? The the one thing that I I looked at when I bought the house was my biggest thing I tried to accomplishes. Does the layout make sense? Like that is everything for me, layout is huge.

Location is pride the biggest and just the neighbor od right? Like does the layout make sense? Is that cosmetics at major and the uh the the actual location?

So once I looked at IT, though, I I saw that the house had a ton of editions, and and I think, I don't think, I don't think this is correct at all. And once I measured that, I was like, I think, thank goodness this is not correct. Like this is really helping me out here. So IT worked out great for me.

Yeah, i'm curious to know if you looked up the county records of the county records would be correct or not, or if they would show what was previously on IT? Yeah, yeah. thankfully.

I mean, i'm grateful because I also love to get a deal that most people passed up. And you know, now every time I go into a house i'm looking at buying, I am measuring the sort foot just in case. So it's a little tip.

So David, sounds like you've kind of learn some of those heart lessons on this flip, but it's back on track. now. One last question before move on from that. Now that you've got the contract and crew in there, how much time do you think it'll take for them .

actually like at the job, then they gave me an estimate actually this morning, I talk to them of mid to early november. So we're waiting on some kind of taps and some things like that. Living in a flip is, you know the sacrifices that I wasn't anticipating, just quality a lifestyle.

So you know, it's not for everybody. Luckily, I am Young, so I do have the benefit. I don't have children or you know other responsibility, ie.

S but yeah, moving into a flip. I mean, it's tough and this was this was a big flip. So it's info starting to get a lot easier and we're able to breathe a bit more. But yeah.

we'd actually just decided that we're going to move into a living flip. We are going to just onna flip this property, but like we just love you and want you to be our house. So we're probably going to live in up for two years and then sell IT to pay no taxes on the profit.

But it's like really hard to decide what needs to be done before we move into the property is to like, okay, we really got two years to run a vata here. But like what's the things that we're going to do right now before we get into IT? The first thing is ripping out every single carpet and new flooring but um yeah so but i'll i'll be with you as they we'd live in in malty, deciding which bathroom rooms gonna get ripped out first.

All let's try this tomorrow where I go about IT. We just moved into IT without doing anything. I mean, when I tell you any, they destroyed that house to use that for closure. They destroy IT.

Before we got into its, there was like this on the ground and like, so we had I know we had to like to stay in a hotel meantime, and like, clean, just clean the house. I was like, two weeks of cleaning, deep cleaning. So as stressful IT was in grave, I wish I would have done IT like you did by rehab IT before I moved into IT a little bit. But lessons learn to.

you know, I will definitely be doing some rebehold .

water in IT.

So yeah, yeah. Well, David, what kind of next for you? Are you looking for financial independence? You had mentioned earlier being a real station was kind of a wealthy building tool for you kind of give us what's your five year ten in your plan and .

what you so my careers in agent IT takes up A A four time job. IT takes a blood time. And my goal with becoming an agent was to become a, you know, more of a four time investor.

I always hold my license, but become a full time, a real set investor. And that's probably my five year, ten years goal is to as I get more comfortable with I know why I did this flop, I want to get comfortable on that lane. I want to get comfortable with the short term missing.

I haven't dived into that yet, but I want to get comfortable with all these different actions. See what makes the most sense for me by actually doing IT and then diving into IT. And just in the meantime, building capital over the next five, ten years, saving IT, investing IT and just growing a you like a nasta's for my future wife, future kids that we can fall back on. Uh, luckily i'm so Young, so I know thirty, thirty five, hopefully will have a bit of a nasty and I could start a family. And I mean, those are my motivating factors and my goals and everything like that.

And David, you're doing at the right way. You're living and live in flips in the rehab instead of going out and buying a porch to try.

So David, I guess for, again, a lot of, I think, inspiration the folks should be able to find in your story. But for the people that are listening to this podcast who are may be still sitting on the sidelines, they're stuck in that analysis paralysis. What advice you have for them about what IT takes to get started .

and jumping in today? Yeah if you're nervous to jumping, I mean, that doesn't go away, right? It's there.

So when you buy your first property there nerves, it's gonna be high that you can be up and downs. Uh, it's really what I look at. If you're looking to buy property right away is to look at what you have.

Like, what are your resources? Do you have capital? Do not have capital.

Do you time on your hands like I do? Do you have kids you like you have to look at all these different things and see what is, what is IT that you have, what is that, that you need to get to, where you need to be at, and try to solve that problem. Don't say.

You know, I can't because I have this. I have X, Y and z say, I like, how can I get that? How can I purchase this? And that's what i've always done, that I think I learned IT from rich dad, poor da, the infamous real state book. And that was the one thing I learned was instead of saying I I can't because of of this situation, this this, now I was, how can I, no matter what I was calling two hundred different lenders or becoming a real city agent, just to get into real state investing, IT was always, how can I solve the problems that I have currently? And that's my bigger advice.

Well, David, thank you so much for joining us today on real state. rocky. We loved having you on the show. Hopefully this is really motivating to others to get started and to make those correct decisions for their financial future. You can find more about David. We will link his information into the show notes or if you're watching on youtube in the description i'm ashly and he's tony. Thank you so much for watching this episode of real estate, Ricky.