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

Deutschland Nachrichten Nachrichten

Real-estate investing strategy: 21-year-old phenom perfects wholesaling - Business Insider
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

"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."

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

BusinessInsider /  🏆 729. in DE
 

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

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen



Render Time: 2025-01-14 01:55:46