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S2E9 - The 16 Year Old Investor with Tyson George
This week’s guest, Tyson George, joins Carmen and Jordan to talk about how he bought his first investment property at the age of 15 years old. As you listen in, you’ll hear some inspiring stories of how Tyson generated income from the age of 11 years old, through auctions and flipping furniture, to put a down payment on 2 properties, as well as strategies on how he leveraged equity in his 1st property to buy his 3rd. You’ll also discover how he was able to get a mortgage at his age, some details of his time management practices, and his goals to invest further and inspire others to follow in his footsteps. There is no doubt about it, Tyson is one incredible person who has a lot to teach us all, young and old, and he does just that in today’s fascinating episode.
Episode Highlights:
- Tyson’s background - What sparked his interest in real estate - How his parents have helped - His auction purchases and furniture business - His time management practices - The stories of each of his properties - How he is able to get a mortgage - How he finds the right properties - The definition of a ‘bully offer’ - Tyson’s goals - Teaching others about financial planning- His friends’ perspective on his investments
Quotes:
“You’re incredible!”
“At 11, I made it my goal to own an investment property as soon as I can.”
“Where my friends are sleeping on a Saturday morning between 6 a.m. and lunch, I’m out making money.”
“I’m very fortunate where, now, my property, after putting in the renovations, has grown a lot in value, so I’m able to pull equity out of it to buy my third one.”
“You actually saved $20,000 in 4 years.”
“So you want to get into the multi-unit buildings…it’s a great direction to go.”
“I had youth messaging me on Facebook and Instagram telling about their business ideas and asking how they can get into it.”
“I think you’re an amazing testament to show others that, you know, no matter how old you are…there’s always a way, no matter what, to get started in this.”
Links:
30 Minutes to Wealth homepage: https://www.30minutestowealth.com/
View all episodes
By Carmen Campagnaro and Jordan CampagnaroThis week’s guest, Tyson George, joins Carmen and Jordan to talk about how he bought his first investment property at the age of 15 years old. As you listen in, you’ll hear some inspiring stories of how Tyson generated income from the age of 11 years old, through auctions and flipping furniture, to put a down payment on 2 properties, as well as strategies on how he leveraged equity in his 1st property to buy his 3rd. You’ll also discover how he was able to get a mortgage at his age, some details of his time management practices, and his goals to invest further and inspire others to follow in his footsteps. There is no doubt about it, Tyson is one incredible person who has a lot to teach us all, young and old, and he does just that in today’s fascinating episode.
Episode Highlights:
- Tyson’s background - What sparked his interest in real estate - How his parents have helped - His auction purchases and furniture business - His time management practices - The stories of each of his properties - How he is able to get a mortgage - How he finds the right properties - The definition of a ‘bully offer’ - Tyson’s goals - Teaching others about financial planning- His friends’ perspective on his investments
Quotes:
“You’re incredible!”
“At 11, I made it my goal to own an investment property as soon as I can.”
“Where my friends are sleeping on a Saturday morning between 6 a.m. and lunch, I’m out making money.”
“I’m very fortunate where, now, my property, after putting in the renovations, has grown a lot in value, so I’m able to pull equity out of it to buy my third one.”
“You actually saved $20,000 in 4 years.”
“So you want to get into the multi-unit buildings…it’s a great direction to go.”
“I had youth messaging me on Facebook and Instagram telling about their business ideas and asking how they can get into it.”
“I think you’re an amazing testament to show others that, you know, no matter how old you are…there’s always a way, no matter what, to get started in this.”
Links:
30 Minutes to Wealth homepage: https://www.30minutestowealth.com/
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