Nathan found real estate investing by browsing through podcasts while mowing lawns during high school. This led him to wholesaling and doing his first deal when he was 19 for $20,000. Once he blew through all of the money within a few months, as most 19-year-olds would do, he searched for something less transactional. He closed his first house hack at 21 and still owns it to this day, but today it’s more of a house than a hack. He then used the equity in his house to purchase a fourplex and a 32-unit apartment complex for a total of 37 units. He is currently 25 years old and is happily married with a newborn baby girl.

 

[00:01 - 04:54] Opening Segment

Nathan shares his humble beginnings 

A lawn business turned 40-unit business 

And a very big learning curve

 

[04:55 - 15:07] Closing Multifamily Deals Before 25

Real Estate Investing at 18

Figuring out his money situation in real estate

Nathan shares about the first deal he closed at 19

Educating a seller on what seller financing is

Where investors go wrong

Nothing to lose: A Deal at 21

 

[15:08 - 30:38]  Real Estate is a Team Adventure

Nathan talks about Bottom Feeders

Not alone with new adventures everyday

How to Convince People to Live in Rough Areas

How to Start Partnerships with Joint Venturing

Nathan’s advice to future investors

Analysis paralysis vs. not knowing at all

 

 

[30:39 - 38:41] Closing Segment

Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.

What is the best investment you've ever made other than your education?First single family house

Nathan’s worst investmentNot being lazy and not being proactive in a deal; stock market

What is the most important lesson that you've learned in business and investing?Hardwork and education

Connect with my guest. See the links below.

 

Tweetable Quotes:

“When you’re dealing with real people, you ought to be very honest, very open to questions like that.  And just simplify it as much as we possibly can.” - Nathan Milazzo

“The good ideas are always the crazy ones.” - Nathan Milazzo

“There’s no replacement for hardwork.” - Nathan Milazzo

------------

Connect with Nathan Milazzo through Facebook, Instagram, and LinkedIn.

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes