Not everything I’ve done has gone smoothly or come easily. Here are my top 3 biggest mistakes I’ve made along the way. Learn from my mistakes 🙂 Feel free to add me on Instagram / Snapchat: GPStephan
Learn how to make money as a Real Estate Agent, build your network of clients, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: $50 off with code ThankYou50 for a limited time: https://goo.gl/UFpi4c
Mistake #1: Not getting a credit card when I was younger
I didn’t get a credit card until I was 21 years old. This set me back massively when I wanted to get a loan to buy properties in 2012 and couldn’t qualify to buy anything. Lesson learned.
Mistake #2: Not properly researching a tenant before signing a lease
Worst real estate decision I’ve made. The tenant ended up growing "substances" in large-scale qualities in the garage, stopped paying rent, and then vandalized the house before he was evicted. Do your due diligence when signing a tenant.
Mistake #3: Not having a social life when I was younger
Making friends and keeping friends is work, and it’s worth it to put the time in to keep in touch. Otherwise what’s the point if you have no one to share your success with?
Add me on Instagram: GPStephan
Add me on Snapchat: GPStephan
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Learn how to make money as a Real Estate Agent, build your network of clients, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: $50 off with code ThankYou50 for a limited time: https://goo.gl/UFpi4c
Mistake #1: Not getting a credit card when I was younger
I didn’t get a credit card until I was 21 years old. This set me back massively when I wanted to get a loan to buy properties in 2012 and couldn’t qualify to buy anything. Lesson learned.
Mistake #2: Not properly researching a tenant before signing a lease
Worst real estate decision I’ve made. The tenant ended up growing "substances" in large-scale qualities in the garage, stopped paying rent, and then vandalized the house before he was evicted. Do your due diligence when signing a tenant.
Mistake #3: Not having a social life when I was younger
Making friends and keeping friends is work, and it’s worth it to put the time in to keep in touch. Otherwise what’s the point if you have no one to share your success with?
Add me on Instagram: GPStephan
Add me on Snapchat: GPStephan
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
! wisely said.
As a minor you can also have your parents add you as an authorized user on their cards to build up your own credit.
damn its good to have somebody realte with social life im literally doing real estate with late 30-40 people as an agent and working with my dads contractor workers
What about people for 29
“SunCor Financial MPI review”
Awesome video! Thanks for sharing! One of the biggest mistakes that happened to me was about 15 years ago when I bought a property taken away from a prior primary buyer, not paying the mortgage. The property has been with them for generations. I closed on the property without any insurance, thinking that I will put insurance later that day after closing on the deal since it was a cash deal, a cheap deal under $40,000, so I didn't mind or was not concerned with not having insurance at the moment. Well, the day after closing, the former seller try burning the property down. He started a fire in the living room that did not thankfully burn the whole property down. So I decided not to look back and add to the rehab budget, fixing the house's burn area. Once I was done rehabbing it, almost ready to put it on the market, the previous owner returned to the property and burned it down completely. At the moment, I wanted to have insurance, but because of the incident, no insurance company will give me coverage anymore, so I lost my investment completely. So my advice is always to get insurance no matter how cheap the property is or how quickly you believe you will have the property for.
I can relate to 3 rd point bro🤨🥺😳
The 3rd one hit hard rn 😳
That 3rd mistake really hit home, that's literally me rn and I didn't even realize it! Thank you for opening up my eyes these tips are truly priceless
I can relate to number 3. I am 20 now lol.
Im curious what happens when someone vandalizes a property before they leave it. Ive heard this type of story a lot and I always wonder if they get fined or arrested or what happens because when someone tells it it seems as if nothing ever happens to those people.
It means the world to me too listening to you every day.. Thank you Graham for the constant motivation
I'm almost 32 and I'm still going through mistake #3. Seeing this in 2020 it's great to see how much progress you've made since uploading this video and that your opinion and advice is still genuine and hasn't changed
Watching this in 2020, it's good to see the old you!
#1 most 18 year olds definitely SHOULD NOT get a credit card! 😮
#2 A pot head and a psychic! How could that possibly go wrong? 😂
#3 Most ppl in life get along fine with as few “friends” as possible for a reason! 😏
Great vid! Thanks for sharing! 😁
I’m in crippling cc and other debt and I advise my teenage kids to stay far away from them. To you this would be a mistake, but I think it has more to do with maturity. 18 year olds should definitely NOT get credit cards if they are not getting them to be ambitious and be an entrepreneur. That’s not most 18 year olds. I think it’s good advice for most 18 year olds to stay out of debt.
Mistake 3 is so me!!
#2 Is classic I like to say it's not who you marry that you have to worry about but rather who you have to divorce that should make your decision.
I think #3 is inevitable if you're focused, naturally you're going to set yourself apart.
Thanks man I can relate to the credit card one……. I’m 26 & just got my first credit card !!! I’m Finally making my way out of the rat race & you are one of the biggest reasons!!!!!!!!!! Thank you so much dude can’t say it enough!!!!
Mistake # 3 really hit home. I quit college to get into sales at 19. I was miserable working 12 hour days and would only talk about sales. You need a circle
Hey Graham, I think you still read all your comments but I have been following you for over a year now and I decided to go back to your first videos. Crazy transformation! Keep up the good work man you inspired me to start a channel and help people grow their business. I just wanted to say thank you. Would love to connect one day and keep crushing it!
Dam well now you have over 700k friends bro.
Graham… just watched a few of your older videos. You've come a long way! Still great advice though!
I can totally understand, and agree, that only being focused on one arena of life can make you a shell of a person…in the short-term. But I want to encourage to also take the perspective (you don't have to adopt it or "hold on to it") that your experience from 18-21 was an INCREDIBLE investment in your future self. I mean, here you are now, the future you from his perspective, and you probably could consider yourself retired early if you wanted to. You have friends. And you can make more. You literally have the next 55+ years to focus on your social life if you want, or any other area of life. Throw on a T-shirt and jeans and buy a little beater car and go out to a bar. See if you can attract friends and women without them knowing you're a multimillionaire. Make a game of it. LOL. Anyway, that's a game I'd like to be able to play at your age. I'll have to wait until I'm 50 or older because I've had setback after setback in my investing life. But, now that I'm really on track, it will become a reality. Thanks, Graham, for your insight as always. And, yes, I smashed all aforementioned buttons, bells, and whistles.
Lmaoo u been getting drug money but dang that’s crazy
I had trouble making friends even though I went to college! I am happy you're in a better place now
It takes a lot to admit your mistakes, especially in public. Extremely selfless of you. Thanks for sharing. ✊
I also remember feeling alone in university. I moved back to my native country and had difficulty understanding what everyone around me was saying. Not only was I unable to communicate properly, I did not understand the cultural differences and how it was impacting someone's impression about me negatively. It took me ALMOST forever to make friends. I would envy other students who have such large group of friends and stable relationship.
I remember you talking about that bad tenant in another video… That really is stressful and scary and it always stays in my mind ever since I first saw your story
Curious, did you try other lenders when you were denied? I got a mortgage with no credit score.
I have cards now but started out like you thinking I didn't want once but was still able to get a mortgage.