𝐌𝐘 𝐌𝐎𝐌 𝐇𝐀𝐒 𝐓𝐀𝐔𝐆𝐇𝐓 𝐌𝐄 𝐌𝐀𝐍𝐘 𝐕𝐀𝐋𝐔𝐀𝐁𝐋𝐄 𝐋𝐄𝐒𝐒𝐎𝐍𝐒 𝐅𝐎𝐑 𝐒𝐔𝐂𝐂𝐄𝐒𝐒 𝐈𝐍 𝐋𝐈𝐅𝐄,
𝐀𝐍𝐃 𝐎𝐍𝐄 𝐎𝐅 𝐓𝐇𝐄𝐌 𝐈𝐒 𝐓𝐇𝐄 𝐒𝐓𝐎𝐑𝐘 𝐎𝐅 𝐇𝐎𝐖 𝐈 𝐆𝐎𝐓 𝐒𝐓𝐀𝐑𝐓𝐄𝐃 𝐈𝐍 𝐑𝐄𝐀𝐋 𝐄𝐒𝐓𝐀𝐓𝐄…
BELIEVE IT OR NOT, WHEN I BOUGHT MY FIRST HOME, REAL ESTATE WASN’T EVEN ON MY MIND.
It all started when my mom took me to see a townhouse and said, "𝐁𝐮𝐲 𝐢𝐭!"
I was taken aback.
How could I possibly buy a place? I was not ready.
I told my mom,
"I'm not ready, Mom. I have $50k in student loans."
"I'm not ready, Mom. I just graduated and don't have a full-time job yet," I added.
"I'm not ready, Mom. I don't even have the minimum down payment required," I exclaimed.
But my mom reassured me, "Don't worry about it... we will figure it out."
And we did…. I bought my first place for $181k!
I got my full-time job.
I borrowed the down payment funds from my dad and sister.
I rented out rooms in the townhouse to my friends from church.
Three years later, I sold my townhouse.
With the profits,
I paid off my student loans.
I bought a more expensive, larger full detached bungalow with a walkout basement.
I renovated the house and lived on the top floor.
I added a basement apartment and rented it out.
My rental income coming in was more than my monthly mortgage payments.
That’s when I was HOOKED!
Why are more people not doing this????
I quit my full-time job and went into mortgage brokering full-time to learn the ins and outs of real estate investing.
This was over 20 years ago.
Today, I own 7 properties, all thanks to my mom's guidance and blessings.
My mom was there to guide me and 𝐈 𝐚𝐦 𝐡𝐞𝐫𝐞 𝐭𝐨 𝐠𝐮𝐢𝐝𝐞 𝐲𝐨𝐮.
Real estate isn’t as hard as it seems.
It’s just learning the know-how.
Check out my program called J.O.M.P, designed for aspiring landlords.
It's all about helping middle-class families own 'Just One More Property' for long-term wealth creation and retiring with passive income from multiple-income properties.
You can find more details at www.justonemoreproperty.ca