How I went from zero to 28 year old property millionaire | Dan Buchan | TEDxUniversityofYork

Dan has been in business for several years, setting up his first company when he was 18 years old and investing in his first property at just 19. Over the last 10 years Dan has grown his property investment company, building a portfolio of £1.1 million by the time he turned 25. With his unique insight, Dan discusses why he believes that property investment can save your life. Dan Buchan - Dan has been in business for several years, setting up his first company when he was 18 years old, and investing in his first property at just 19.

Over the last 10 years, Dan has grown his property investment company: Aspire Property Group, to include a bespoke property sourcing service for Yorkshire portfolio building, one of the largest deal packaging companies in the UK, a refurbishment and flip company, and a portfolio of £1.1 million by the time he turned 25.

[Othello]

"I realised working for other people wasn't working for me"

[raymondmiller]

Starting early is the best way of getting ahead to build wealth, you just need someone who knows their stuff and of course has the heart of a teacher to help you become successful in whatsoever investment you decide to venture into.

[giuvvbobbsecondsislife]

I don’t need motivation, I need information

[jamieyork]

This is genius! Great ted talk Dan! Loved some of the stats behind the property sector. Can’t wait to expand the portfolio further and provide great homes for our tenants!

[justbannister]

I really enjoyed this Ted talk, I liked how you described you journey from leaving school to making the decision to get where you are today. All very inspiring, thanks for sharing.

[seal]

Too many people complaining about "he didn't give me the step by step to become a millionaire"...the one thing I've realized about real estate being in it for a few years is 1. There are multiple ways for the average joe to become a millionaire, not a one size fits all type of thing 2. No one is going to show you every little thing they did, its more about taking little golden nuggets from guys like this and going out there and figuring it out for yourself through trial and error.

[exchangeofwisdom]

"if we do what we've always done, we'd have what we always had."

[frenchfries]

A lot of talking about experience Olof wanting to be rich but no actual guide or example of what he did to actually start his career in property - the first steps, what contracts he used, how he found his first property, what it was like getting people to trust him. Unless I missed it.

[fashionaturstreets]

Gave me a new perspective on property investment. Never looked at it in the way he did.

[marcus-johannesvermin]

Very smart guy. I approve this message 😁👍

[KUfraskins]

trick to becoming a millionaire: work for yourself from age 18

[vicioustide]

In USA, you can also utilize depreciation of the cost of the asset over 27.5 years against your rental/other businesses's income, to pay 0% taxes federally on such incomes annually.

[thisisfed]

How this kid managed to end up doing a Ted Talk will remain a mystery to me.

[philipoakley]

The "money like sand slipping through the fingers" analogy is worth exploring for the difference between those who end up reasonable well off, and those who end up as (roughly) "working poor".
Getting past the 'money burns a hole in your pocket' is key.

[angelsinvestmentgroup]

The key thing to remember when defining hard assets (property in particular) is that what defines it is a LIMITED supply, we cannot create more natural gold on this earth, we cannot create more space on this earth, we cannot add more time to our lives.

The assets are limited, and thus their value is FIXED. Investing into hard assets is low risk, but also low reward in the short-term. The most successful players in the fixed assets game will have a detailed long-term plan of where and when they want to be throughout the span of their investment timeframe. When it comes to hard assets, patience is the greatest virtue, and if you are patient, you will often reap the greatest rewards.

[paulh]

Seems like a bit more self promotion/“I sell a property course” than anything to me.

[wanderer]

Aiding myself to get in touch with my future life, it seems not easy as I thought. But I choose to believe my hope.

[sionoboyle]

Inspiring many Dan and hopefully made people think more about the future and their finances.

[davidcurran]

4% Capital growth per year on original purchase price of the property doesn't sound correct (in the UK market) what was his source for that?

[jamescollins]

I'm 50 and my husband 54 we're both retired with over $3 million in net worth and no debt's. Currently living smart and frugal with our money. Saving and investing life style in the stock market made it possible for us this early even till now we earn weekly. Thanks to fire movement.