From Low-Income to Passive Income in Their 20s w/170 Multifamily Units

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The Donis brothers went from low-income to passive income, with over a hundred multifamily rental units under their belt, all in their early twenties. While this may seem impossible to most, this investing trio knew that the only way to win was to not think like the masses. They dropped out of college only a couple of years ago, seeing higher returns on their after-school investing than their formal education. Now, at incredibly young ages, they’re doing deals that veteran investors can barely fathom!

At face value, Jeffrey, Kerwin, and Kenneth Donis should NOT be in this position. They were raised in a low-income, single-parent household with zero experience in investing. But, they’ve been able to leverage their networking skills to find mentors, build partnerships, and get themselves a seat at the investor table. Their recent deal, a $20M, 170-unit apartment complex, took almost eight figures’ worth of funding to get done!

So, if you want to start tackling MASSIVE multifamily deals like the Donis brothers, stick around, and remember—ALWAYS add value!

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#multifamily #biggerpockets

00:00 Intro
01:11 Low Income, High Work Ethic
04:48 Dropping Out of College to Wholesale
11:35 $7K in Debt for the First Deal
12:39 Trading a Job for Passive Income
14:58 Multifamily Mentors
18:05 The New 170-Unit Apartment Investment!
21:22 Connect with the Donis Brothers!
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Congratulations to their mom for laying the foundation for these successful young men!!

sanj
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Great interview Terrance. These guys have a great American dream story. Awesome and inspiring! Keep it up guys!

richruelas
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Respect to these brothers for holding it down

southparkmex
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@donisbrothers The Donis Brothers!! You guys are role models! I literally have goosebumps listening to your story. We are 3 sisters too so I know how awesome it is to be & have siblings and grow up together. Your mom is a true hero and the greatest pillar of all your growths. So important to have a parent to look up to and aspire to be half the person they are.

Would love to connect and talk to you about my interest to start my journey into REI. Please let me know if that's possible. 20-30 mins is all I need.

swethagunasekar
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I will achieve my goal of buying multifamily properties. I have no capital. I have no experience. I do have a mindset of doing whatever it takes to become financially independent. I am 22 currently

Wavyysav
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Amazing young men. American dream if you are working hard, dedicated, and smart. Can anyone do this, maybe but it takes working, learning, persistance, network etc.

jamescc
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I met these guys in Dallas at a multifamily event. Good dudes

paulcarlson
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Great episode Terrance and Donis Brothers!!!

kellyiannone
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Achieving passive income in your 20s through investing in multifamily units is an impressive feat. It's great to see young people taking control of their financial future and building wealth through smart investments.

shumatsuopost
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What was the name of the mentorship group they joined?

Lavonwoods
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They dont know this or i dont know but im acuatly their stepsister

AshleyDepaz-qw
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No teachable details in this interview until 17 mins on value of mentorship.

DCC