Real-estate investing strategy: 21-year-old phenom perfects wholesaling - Business Insider

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36 units by age 21, making 6-figure profits: Here's how Josiah Pott went from living in his grandma's trailer to a real-estate-investing phenom — and nabbed $372,000 from a single deal

"I have a dad who was really into real estate," he said on the "" podcast. "He was never really the biggest mover or shaker, but he was huge on compound interest."

Shortly thereafter, after graduating high school, Pott married and moved into his grandmother's trailer. He'd received about $10,000 in gifts from the wedding, and knew if he was going to pursue real-estate investing full-time, that this was his moment. They had cash in the coffers. "I started working with a lot of builders who could tell me what they were looking for and how much they would pay per-acre," he said. "And then I started looking for land and trying to find things that worked for them."

"I make a lot of fees from finding property and setting it up to be developed," he said. "But I usually don't stay in the deals, so that's kind of how I've made my money — and then I use it to invest."

 

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In 6 months he will be broke like the builder that invented the phrase “smashed avo generation”.

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