Full Transcript
2,827 words · 157 WPM
big question keeps getting asked to me what would you do or what advice would you
give your 20 year old self man so much advice I was so screwed up when I was 20
is unbelievable today I'm in Cabo San Lucas beautiful Cabo San Lucas and
Stan just hit me and said hey what advice would you give your 20 year old self
he's 19 years old Stan let me tell you what I let me tell you what I would do
God I wish I could go back since I can't what I can do this is just
channel to help you maybe make some different decisions like I can my little
champ right there scarlet what's your t-shirt site when things go wrong go
right no scratched out 10x yeah oh here's another one so I'm with my kids my
wife a couple my employees and our team here in Cabo San Lucas we just got off
of a conference of 35,000 people and just got off the biggest real estate
year I've ever had we did almost 400 million dollars transactions last year
so look 20 years old let me tell you what I was I was still in college that
was a mistake for me it's got five years in college I was in my second year
college I was completely lost I had lost my way I had lost my purpose I had
lost any sense of myself I was trying to get other people to light me lost
lost lost the idea that my dreams could become true I don't think I knew
what my dreams were anymore I'd had a couple of really big losses in my life
I lost my dad when I was 10 and then lost my older brother when I was 20
years old he was 25 and he was he was both of these guys were my role models
and yeah 20 years old I was I was in college but when committed to college
was born money to go to college I was using drugs and alcohol almost daily
probably daily for sure daily skipping class is no commitment fired from five
or six jobs while I was going to college just making all the wrong decisions
didn't know where I was going didn't have anybody to talk to didn't have any
mentors didn't have a channel like this where I could go find somebody that would
share their their experiences didn't even know to ask the question hey what
would you do I didn't have anybody to ask hey look go if you could go back
20 or 30 years what would you ask for 20 years so 20 or 20 years old so what
would you tell what would you do different right so let me tell you what I
would do different okay first of all you got to avoid the things that are not
good for you you're never going to come we've been here we've been on vacation
two weeks now it was in Utah skiing with the kids we go Utah deer valley every
year ski and and then we came here just like we didn't have this trip planned
so let's go down the cobbo we were cold one day it was three degrees next day
it was 73 degrees so we came down here why am I telling you that when I was 25
years old I turned my life around like I've got to get this thing in order
almost died multiple times between 20 and 25 finally at 25 years old I'm
like okay I got to turn this thing around for real man and first thing I would
tell you 20 year old grant to drugs alcohol I don't care what drug you think you're
doing that's okay grant I'm just giving this advice to myself leave all the
drugs and the alcohol alone they're waste of time energy contrary to what
people say they're not making more creative they basically waste time any
creativity you have you can find without the assistance of any drugs any alcohol
two number two you've got to change your friends well if your friends you need
to make these people your friends people that have time to get away people
that are working people that are creating surround yourself with people that are
doing things that are seeking to be better I was I was hanging around people that
were destroying themselves that were that people that were criticizing others
that were successful that were wasting time beautiful rock they weren't
looking for anything except how everybody else was wrong how they had been
wrong I know because I was doing this spent all my time talking about how the
rich guy there was had his kids in tennis classes in golf classes and they
had a boat and they went skiing how he was such a prick and when reality
sorry guys didn't mean you to hear that when in reality she didn't hear that
when in reality I should have been looking at what did this guy do to create a
situation where he could pay for his kids to learn tennis if they want to golf
and ski I was asking her on questions I would tell my 20 year-old self
change the questions you're asking change the way you look at things
quit being so resentful hateful you know quit quit get get your game together
dude like it doesn't matter that you lost your dad and you lost your brother and
that you heard and you're angry get over it man and have something to look
forward to you know the thing that's always interesting my whole life and it's
probably something for you love to know what it is in comments below is there
something that your whole life you're like dude I've always wanted to do that
real estate has always been one of those things for me okay so the one other
thing that I would tell my 20 year-old self the count seven businesses and I
would not tell you I would not tell the 20 year-old ramp to go get six six
businesses I would tell him to learn everything you can about real estate
everything real estate is the business it's allowed me to go on these magnificent
trips that I'm taking my family on I've been in business for myself for 30 years
okay six businesses do not six businesses combined you're not allowing me to go
on these trips it is the real estate by and of itself that's allowed me to take
my wife and kids employees partners friends on these magnificent trips so I
would tell the 20 year-old ramp hey learn everything you can about a particular
specific type of real estate not all real estate a specific real estate there's
a very very specific real estate that for hundreds of years it's allowed
every day people every day common people to create lifestyles that were
mind-boggled yesterday we were on a yacht okay I'm looking at whales I've been
gone for I don't know 12 days now I'm a plane sitting over here I'm
saying look is airport I was flying out this morning check this out I was
flying out this morning because I had this this legal issue that I had to
attend to this business matter and it was in Miami I'm in Cabo remember I'm
in Cabo called up my pilots and I said hey get ready I got a flat in Miami
tomorrow we're gonna fly to Miami and back in one day so I can handle this issue
there is no business that I have that has enough finances to fuel a plane up
first of all to my plane second to fuel a plane I fly all the way over there by
myself and back in the same day so the real estate did you want to be
invested in 20 year old grant you guys are listening to me learn everything you
can about income producing real estate okay 32 units at above I write about
this about book how to create wealth investing in real estate I wrote this
book because I know so many of you out there don't have the data don't or
not getting the right information because Wall Street is telling you to save
your money Wall Street in the banks they're telling you to save your money
put your money in a retirement account for a one-care a set program or IRA
folks these these things are scams okay they're telling you they're telling you
to buy house you know buy house spend 20 or 30 years there hey Sabrina spend 20
or 30 years there it's a way to save money it is a scam listen to what I'm
telling bagging you to figure this real estate thing out mr. 20 year old
grant card owned okay the only kind of real estate you want to invest in today is
income producing real estate 32 units and above the provides it at least
$24,000 a year in positive cash flow if you want to grab my book I'll show
you exactly what you should be looking at what not to buy what to buy how to get
funding on how to get financing how to raise money for it how to create a
partnership for it if you want to how to manage it but most importantly how to
exit it because if you can't exit I know a lot of people in real estate right now
I know a guy's got 600 houses he does not know how to get his money out of the 600
houses and if you can't exit then you're trapped so for 30 years when I started
getting my life together it was about five years after I started getting my
life together I started my dreams came back oh my god I won't find it so freedom
I never wanted to be a billionaire I never wanted to have a plane okay I never
thought about being an internet guru like a leader of people or having a
book they follow I never thought about that I had one dream financial freedom I
had that dream of financial freedom because my dad died and when my dad died
even though my dad had done well it was obvious to me that we were not we
did not have financial freedom because my mom who was the best friend of my
entire life was terrified the week that she should have been in grief because of
her husband dying she was terrified because she knew the finances it stopped so
the age of 10 years old I wouldn't remember this until I was about 30 the age
of 10 years old I realized hey look when the money stops everybody gets
terrified she that could happen to a business right you could have a great
business you could have a e-commerce business and it could get destroyed because
some some bad news comes out some bad news comes out about products did you
themselves or some competitive advantage comes out and replaces that problem
or who knows maybe the internet goes down that's going to happen in our
lifetime but when you invest in a right kind of real estate that produces
income they pay the expenses it takes care of the property taxes that allows
for enough money to take care of the tenants and the security and the land
state and the management right anybody has ever had a bad experience with with
real estate I can tell you guarantee you I can tell you it was less than eight
units probably in a bad location you bought it because it looked like a great
cash hotel tax return you were bragging about some 20% cash on cash and then
as soon as the economy crashed and on before that you couldn't keep the
tenants in it tenants turn lights and toilets they killed you not true what
kills you was it didn't produce enough income for war it's trouble 30 years
I've been by real estate I bought over a billion dollars what a real estate one
billion dollars we own about nine hundred million dollars that real estate today I
started I started with one unit my second deal was 38 units my third deal was
48 units my fourth deal was 92 units don't make mistakes by and the wrong
stuff you hit the link below I'll send you the book for free you take care of the
shipping if you're outside the US by the way all this applies these rules applied
to outside the US hit the international button that's sometimes shipping
outside the US is so ridiculously expensive I don't want you guys to waste that
much money on shipping and then it gets tied up in customs got this place
beautiful by the way this is not the kind of real estate I'm talking about all this
all this real estate right here is garbage do you like what garbage this is for
rich people that are born not creating people these people are not creating
anymore they're like hey let's just blow six million on this little joint will
come here once or twice here this is a ridiculous all this real estate right
here is some of the dumbest investment real estate in the world that house you
live in do you M.B. you need to put that on a refrigerator dumb why is it
dumb if it doesn't pay you it's not a good investment I know some of you
gonna hate on me for this you're gonna be like man a house that didn't
investment only because you've been told that it's not a good investment never
has been a good investment except for one group which group benefited from housing
in America more than any other group more than the person it lived there who
benefited the most posting comments about okay so look on the book if you want
to grab the book but they'll play with my kids now we got another three or four
days here if you want to grab the book you can go to Amazon read all the
fast car reviews people love this book easy to read simple not complicated no
big words think you're selling the book for 20 bucks or something grab the
book there check out the reviews or hit the link below you get the book for free
so when I'm telling my 20 year old self leave the drugs and alcohol alone leave it
alone teach me money right you want to go experiment later and become a
charter seen the do it later that too change the friends hang with the people
that dream and hang with the people that are doing not the people that are
complaining bitching morning groaning negative you got negative nallies I don't
care for your mom or your dad brother uncle sister I don't care if you you
were born in the womb whether if they negative get rid of those people and
replace them with people that are positive people that are doing things
the third thing start learn about real estate right now right this second okay
if you can figure out how to strip on this stuff yourself or create a partnership
or find somebody find somebody that's out putting their own money their
own time their own energy and deals and partner with them I promise you we'll
provide you with financial freedom that will bottle your mind in the future takes
time okay it's not going to be easy but I guarantee this nothing sees you know
that I guarantee this this is the one business there will be here 10 years 20
years 30 years from now it will take care of your family after you're gone I
could die right now I could have a heart attack on this beats right now you
know I stay that I don't will take care of my family and my charities for decades
probably centuries to come so that's the advice I would get my 20 year old self
man last last piece of advice help a lot of people want you to make it man
help a lot of people make it say you can help people you can't help anybody
if you don't make it hope you guys enjoyed this if you hadn't subscribed to the
channel please do so if you like it post it you liked it post a comment if you
don't like it let me know I bless you you're in luck investing