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Dean Graziosi

๐Ÿ‘ค Speaker
312 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

for the condo and her lifestyle in Florida.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

And then I, what I found out is when her husband died, he gave her a price.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

It was, I think 220,000.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

It's like you, you get 220 or don't sell this house before he passed away.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

So I found out that's what she needed.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

She needed the money in Florida.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

I gave her the full price she was asking for, but I got it with no interest.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

And I got it with no money down.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

So I didn't care that I was probably paying, I don't know, probably 15, 20 grand too much, but it worked out fine because, you know, I was able to pay her over time and I put my sweat equity in.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

No interest, zero interest.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

She didn't, but I had a three-year balloon.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

So at the end of three years, I promised I'd pay her in full.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

By the end of the three years, I had it fully rented, renovated.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

I was able to get a bank loan and pay her off.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

And I kept it for probably five or six years.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

For about, uh, 44, I mean, this is years ago.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

God, this is like 30 years ago.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

It was like 4,200 bucks a month, something like that.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

No, I sold that.

SaaS Interviews with CEOs, Startups, Founders
669: How to Do First Real Estate Deal at 18 Years Old, Now $400k/mo In Rental Income with Best Seller Dean Graziosi

I know I should have.