yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

How I saved enough money to invest in real estate


3m read
·Nov 7, 2024

Processing might take a few minutes. Refresh later.

What's up you guys, it's Graham here. So, I just realized this is the first YouTube video ever that I've recorded while wearing a tie. What are we celebrating today? 60,000 subscribers! Thank you guys so much for all of your support, for watching anything I put out there, for subscribing, for commenting, for absolutely anything. Thank you guys so much for all of your continued support; it really means so much to me.

So, one of the questions I get asked a lot is: how do they get the money to begin investing in real estate? How do they do it? So, I'm going to be sharing exactly what happened, how I got the money to begin investing in real estate, and a little bit about my thought processes when it comes to making money and, like, saving it and investing it.

And by the way, just a little bit of background on me: I did not grow up in a wealthy family whatsoever. My parents were not the parents to be like, "Hey, you turned 16 today, let's get you a Porsche!" or like, "Hey, you're 18, we got to get you investing in real estate; here's a down payment for you!" I just didn't have parents like that. In fact, I think what shaped me the most growing up was that both of my parents ended up filing for bankruptcy around the time I was like 15 or 16 years old, both at the same time.

I remember going through that and how difficult that was. I remember the value of $20 and just how far you can stretch $20, and you can stretch it a very long way, by the way. But there was a time at that age for me where I distinctly remember how far $20 needed to go and how much money that really was and how much you can get with that. That's always stuck with me, too, because I still act as though, you know, $20 is, you know, a thousand in terms of what you can buy in purchasing power behind that.

So, I think that ended up having a huge impact on me—growing up from a wealthy family and really appreciating the money that you make and all that goes into making money and investing and saving. I really believe for me having that background really provided such a good foundation for realizing the true value of the dollar and just what goes into making money. Because for me, at least, at the end of the day, I'm really such a believer that it doesn't matter how much money you make; it's really how much you can save that really matters the most.

So to start, I began working at Heist part-time. I worked like two to four days a week after school for a few hours. I was photoshopping pictures for a Marine Aquarium wholesaler that would import and export, like, exotic fish and coral and like all that cool stuff. I got paid a dollar for every picture I photoshopped and helped put on the website. So, I worked there after school, and from there I was able to save up really just a few thousand dollars from working part-time after school over the period of like a few years.

By the time I graduated high school, I think I had between like four and five thousand dollars saved up in a savings account. C'mon, that was like over a few years' worth of part-time work after school. Because I didn't get into any colleges, I ended up going for my real estate license, and thankfully that savings I had—two thousand dollars—was enough to pay for all my licensing courses, for insurance, business cards, marketing materials, everything that's needed to become a realtor. That pretty much was my savings, and that lasted me to pay off all those things.

So, I began working as a realtor, and at the same time, like, money was really tight. I didn't have the luxuries to go out and like get a brand-new car or get expensive clothes or do anything like that. So, I really did this very minimalistic. I went with pretty much what I had. The first car I had was a 1996 Ford Explorer, and that was the car I would use to drive around. I was so embarrassed about that car, by the way, that what I would do is when I would pull up to a showing, I'd park down the street. I'd park it early so nobody would see me and then I'd walk down to the house so people wouldn't see the car I pulled up in. And it was like a kind of...

More Articles

View All
How to Have Interesting Ideas (The Ben Thompson Playbook)
The most important article you write is the second article someone reads, and I do think that volume or quantity is underrated. So that’s like 50 or 60 books worth of writing over the last decade. That is an insane amount of volume. It would be hard to ha…
Plant a Pollinator Garden | National Geographic
We all want to find ways to help our planet. This spring, start small by helping to preserve a critical element of our environment: wildflowers. Wildflowers, they do more than provide lovely scents; they’re pretty powerful. These beauties can hold the key…
Identifying graph for exponential
All right, we are asked to choose the graph of the function, and the function is f of x equal to 2 * 3^x. We have three choices here, so pause this video and see if you can determine which of these three graphs actually is the graph of f of x. All right,…
Weaving Tradition: How Tweed Keeps a Community’s Heritage Alive | Short Film Showcase
[Music] I’m Rebecca Hutton, and I’m a single Harris Tweed Weaver. My granny used to weave back in the day, and my great granny. Everybody used to weave; there was a weaving tradition at practically every household when I was growing up. The Harris Tweed …
How to sell private jets to billionaires
Excuse me, what do you do for a living? I sell jets. Wait, are you Steve Bano? It depends who’s asking. Oh my God, Steve, can you show me around the showroom? Yeah, sure, come on in. Steve, I love this sign! You love this thing? Time is money, buy a je…
Tactics That Keep You Moving In The Right Direction
Some of the most impactful tools that you can use to succeed in life are 100% free, and everyone has access to them, but almost no one uses them. We promise you that if you implement everything on this list, you will be a completely different person in le…