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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

I had a lot of first ones, but I still own about 400 houses right now.

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

380 is the last count.

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

Okay, so I'll tell you, I had a dad who was born during the Depression time, great dad, great example, hard worker, but never made a lot of money.

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 his whole thought was every dime you have, you got to keep, right?

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

Pay cash when you can.

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 was lucky enough to realize that wasn't working for him.

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...

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

When I got that first place... Wait, what was it working for him?

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

My dad probably made $35,000, $40,000 a year the most ever in his life.

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

Cars.

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

He was a mechanic and a collision repair shop guy.

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

Got it.

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...

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 how I evolved is maxing out and pulling out the money out of each house that I had 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

So I got that house done.

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 refined and pulled out as much cash as I could.

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 took that money and went and got the next one.

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 got an old rundown X mansion and I put 10 apartments in it.

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 lived in one of the apartments.

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 renovated it.