When my younger brother dropped out of college, I was so jealous because I didn't have the
courage to do that.
It is however because the education, I got outside college that it took me from dead
broke to multi-millionaire status.
Today, I'm going to share with you exactly how that went down and see if I can provide
you a couple more shortcuts.
Dude, I was such a people pleaser when I was younger and in college that the idea of dropping
out like my brother did terrified me.
You know, my parents would have been disappointed.
My brand new in-laws would've been disappointed.
And I'm scared of disappointing people.
It's just when my character wasn't as developed.
And that was actually in Hind sight a huge weakness.
So, I made life hard on myself.
Sometimes we do that because I stayed in college to get my college degree but then I did my
apprenticeship to get my other degree.
I feel like, I graduated college with 2 degrees.
One from the university and the one from the school of hard knocks.
And maybe in the school of smart knocks.
Because the reality is one of my degrees I got from my mentor.
And I didn't spend nearly as much time with them.
As I spent with my professors.
And maybe way more money than I would ever get out of a career from a college degree.
Like the difference.
The margin of difference between spend all this money on college to have career in the
workforce versus spend this time with a mentor and learn how to make infinite amounts of
money.
It's crazy.
While I was in college, I would go to school full-time.
I would also work full-time.
And then with very little time that I had left that I wasn't giving my dear sweet brand
new wife, I actually took that time and I was out there with my mentors on ride-alongs,
following, asking questions, learning whatever I could.
And here was the cool thing about the degree that I got from my mentors.
They didn't say that I needed to spend X amount of time to get a piece of paper to say I was
smart.
They didn't charge me 50 to 100 thousand dollars or make me wait for years.
What they said was, "This is hands-on school.
Here's curriculum.
Learn this things.
Now go put it on a practice."
It's what I call an apprenticeship.
You see my father, he went to school.
We was German.
And so, he went school in Germany.
And by the time they, you know, you exit elementary school, you immediately go into your apprenticeship.
For me, my apprenticeship is one of real estate investment.
In fact, I apprentice...
Might be apprenticing you for all I know.
People that are out there saying, "Okay, give me the least amount of information to have
all the competency that I need plus an ounce of courage to get out there and actually make
something happen."
And then when I get stuck, professor, I'm coming back to you so that you can help me.
This is how I get my first home, my second home, my 15th home, my 25th home.
And once I did a few dozen homes, I'd mastered enough about my tiny niche that I took off.
So, here's how it actually went down with my mentor.
How I went from literally dead broke.
I should define dead broke.
I make $18,000 working full-time that first year, I was college kid but that's what I
got paid.
It's not a lot of money.
And roughly $10,000 worth of debt that was only increasing every single month.
So, when I say dead broke, that's what I mean.
When I work with my mentor though, what ended up happening (super cool) was it took me 14
months before I could actually buy my very first house.
Now, knowing what I know today, you should not do what I did.
You shouldn't wait 14 months.
And the reason why is because I was waiting 14 months to basically accumulate 5 grand
in the bank so I could have some money.
I don't believe in needing money for houses anymore.
Money is so abundant.
The money is out there.
What you need to learn is how to do trades and have proper paper work and incentives
for people to give you money.
And getting all the real estate that you want.
But back then, my mentorship was somewhat limited.
Even though my mentor had made over 10 million dollars in real estate, he didn't know how
to teach me some of the more advanced things that I now know.
So, with what he taught me, it took me 15 months.
I saved up the money and then I was able to buy this home.
Now, he walked me through this process.
With his instruction, I found a home, I brought it to him.
We vetted the numbers together, we found out what was it worth versus what I was buying
for.
Verified it was a good deal.
For me, that guidance meant the world for me because I had never done this before.
And something like real estate, if you make a mistake, dude, you could lose everything.
You could get hurt a lot more than dead broke.
You could destroy your credit, you could go, deeper into debt.
Bad things can happen that last with you for years potentially.
Maybe bankruptcy, right?
But instead, because of his guidance, dude, I probably spent no more than 20 hours total.
Getting training and learning and education to get this first house.
Probably only 2 or 3 hours before that lead to my second house.
And then from there, those 2 houses combined, I used the money in them to by my 3rd house.
My mentor helped get me to this point.
And then my journey got cool.
I used my money that I waited 14 months for to do this house.
But this house paid for this house.
And these houses paid for these house.
You know what that meant?
That meant that I only put 5 grand in but got 3 houses, not one.
So that was actually a big part.
But then there was a huge transition point.
The big transition point was then in walks my father-in-law who basically says, "I've
been working now for 20 plus years in the professional space, I've saved up more money
than you.
Let's go faster."
And together, we then went and bought our next 10 homes together before I started realizing
that there were other people like Matt that could also partner with me.
And eversince then, I've been able to buy the house I want.
4 and a half years from the point of this, I had 25 homes, I had a 6 residual income.
I quit my job.
And I retired with 1.6 million dollars of net worth.
A 6-figure residual income.
And I got my huge start.
From there, it just kept on exploding and becoming more and more and the topics become
more advanced.
But listen, there's a lot of things I did in that 4 and a half years when I'm helping
people do it shorter.
One of my student says...
I think he's in 10th month right now.
And I think he has bought 20 properties.
I mean he has cruising and he is crushing it right now.
So, people are out there actually doing this.
Here's what I want you to understand.
I had a mentor, I had guidance, I had assistance and I had a system.
And I don't recommend going into the game without those things because there's just
way too many blindspots or things that you don't know.
I'm willing to actually be that mentor for handful people.
And it might be you.
But here's where everyone gets to start.
Get a free copy of my book.
All you have to do is cover the shipping.
The book itself, I've paid for this at my own expense and I'm trying to put it as many
homes as possible.
Because I've seen how this helps young people, middle-aged people and old people do in 5
years what they haven't been able to do in their entire working life.
So, this is designed to be a massive accelerant to help you really get where you want to be.
This book is just been updated and it's second edition for today's economy.
There have been some key shifts in the economy that you definitely going to want to know
about.
You spent a few minutes in this book and you're going to quickly start finding a game plan
for making your next million dollars.
So, the book also does come with a consultation if you want one.
It is a no-BS advise session from my team to share with you exactly how to do real estate
if they were in your shoes.
With that, that's a free gift for you, other than that, thank you for watching today's
video.
Make sure that you subscribe and we will see you on tomorrow's video.