Hello and welcome to the American Land Man Podcast! In today's episode, we are back in the studio with we will call him "Mr. Z" who shares his journey of starting a successful landscaping business at age 11 and transitioning into real estate investing. Through networking, creative financing, and taking risks, Mr. Z has built a thriving real estate portfolio and side hustle buying and selling properties. He offers valuable advice and insights for aspiring young investors, emphasizing the importance of not being afraid to take the first step and working towards time freedom instead of always wanting more. We discuss:
- Starting a lawn care business at age 11 and turning it into a successful company by age 21
- Z made offers on properties while still in high school and purchased his first property at age 18
- Take risks and make offers - if you're not putting yourself out there, you'll never get anything.
- Get creative with financing - don't let lack of money hold you back from investing.
- Look for value-add opportunities - adding a bedroom or making cosmetic improvements can greatly increase equity.
- Live below your means - being frugal and saving money can enable you to take advantage of investment opportunities.
- Z recommends BiggerPockets and Rich Dad, Poor Dad as great resources for aspiring investors.
- Work for what you want.
- Networking with experienced landlords and tradespeople is instrumental in gathering insights and contacts for finding better deals and improving properties.
- Time is the biggest asset in real estate, and taking risks is necessary to succeed.
- There is always opportunity for those who go looking
And so much more!
Connect:
-https://bit.ly/NeilHaugerWhitetailProperties
-https://bit.ly/NeilHaugerFacebook
-https://bit.ly/NeilHaugerYouTube
-https://bit.ly/NeilHaugerInstagram
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