How to invest in your 20's to set you up for your 30's

In this video I am going to share with you my personal experience of how I invested in my 20’s that now set me up for my 30’s.

I just want to start by saying I am not doing this video to get you to buy a course or anything I am doing it because I feel that I need to give back to the world because I was fortunate to go all in in my 20’s and that’s what set me up now for my 30’s.

If you are in your 20’s you need to know that this is the time for you to do everything work your face off like I did! Take big risks! Go bankrupt! Do whatever you want to do I’m not saying to do illegal stuff or anything I am telling you to open a business that you are passionate about. I was a nightclub promoter I built a decent paying business from that and when I started my 2nd business which was a pita franchise I lost $300k and went bankrupt when I was 23 then when I was 24 I bought my first real estate property in Florida during a market crash kept that property for 3 years I doubled my investment then I started to buy more real estate I didn’t buy too many properties but the properties I bought I got great deals on and made a lot of appreciation and got to the point that real estate investment made me much more than my nightclub promoting business. I did this in my 20’s. Then I knew right away real estate is going to be my forever job/hobby and I also want to help people and show them how they can do it so I got my real estate license.

This is the “What” you need to do, you need to find a job that you love. For me, I loved promoting nightclub events. When I started, I was doing it for free. I was getting people into clubs without getting paid to make connections with people and with the club owners. My friends were all throwing money at these clubs and all I wanted was to get free drinks and to get all my friends in for free so we wouldn’t have to keep throwing money at these events because we would go out at least three or four times a week. I started to realise quickly that promoters made a lot of money and then I started to take it very seriously, I made it my full time gig. My point here is that anything you love doing that you’re passionate about has the opportunity to make you a lot of money. What allowed me to do this is living a simple life. If I would have spent my money stupidly, I wouldn’t have been able to do this because I would have had to work a job that I didn’t like just because I needed the money. At this time I lived at home with my parents, I had zero expenses for anything and I took advantage of my situation and set myself up to do what I love to do and to live a comfortable lifestyle.

The “How” is by investing your money you make from your “What” into real estate to generate capital appreciation and passive income. My favourite example for a first property is a home with a legal basement apartment. This is a great opportunity because by renting out the basement apartment alone that would cover most if not all of your mortgage payments and don’t settle for any property “just to get into the market”. Due your due diligence, buy something that is under priced because there are tons of opportunities out there that I come across everyday. Here is an example: if you find a property that is priced at $560,000 and you know it’s worth $600,000, you just made $40,000. The banks eventually with appreciation can give you home equity line of credit against your equity in the property which you can leverage to invest into another property or even your business.

#invest #howtoinvest #realestate #investyoung #younginvestor #entrepreneur #youngentrepreneur #entrepreneurship

[thecatalyst]

This what I needed to hear man I'm 20 man and starting to aggressively invest and setup up my 30s and 40s for financial freedome.

[NeilUttamsingh]

Corrado, this is fantastic advice. Youngsters need to listen to this. Also, 7:50, you have a very smart wife! Keep it up brother!

[austinsnyder]

I’m 21 years old and broke. I have not been to college, but man am I fucking motivated to be successful. I have so many different paths I’m thinking of going that I can’t even choose. Life insurance, health insurance, solar sales, etc... My goal is to eventually invest in real estate and buy franchises. (I know that didn’t work out for you lol) I just don’t know what to do. All I know is I need to get my hands dirty and fucking save my money. I have a credit score of 615 with debt of $2, 400 on my credit card. I’m just stuck and don’t know what route to take. You spoke my language in this video tho and earned my subscription. If you have any advice for me, I’d greatly appreciate it. I need it right now

[fomo]

Those shady nightclub owners... smart move