Manage episode 296467714 series 2884425
I lived in Mexico until I was 17 then I moved to Baltimore MD, went 2 years to highschool did not not learn english but I graduated. Since I moved to MD I was working in construction hanging drywall and metal stud framing.
When I was hanging drywall I saw the investors that hired me and my brother and how they turned an ugly house into a beautiful product. I got inspired to get into real estate one day and it happened very soon.
I never liked to get paid by the hr but by commission, when I was 8 years old in Mexico me and my brother went to collect tomatoes, hot peppers, and other produce in the mountains and we sold them and got paid by production not by hr.
When I was 17 years old I started my first business in the drywall industry. At the age of 23th I bought my first home with only $3500 downpayment and I always have roommates because I believe in cash flow.
At the age of 24 I made my first million when I partnered with my best friend and mentor Henry Velzquez. We went from 0 to 5 millions gross income in only 2 years with our scaffold business. We saved money and we start buying houses in 2012, by the end of 2014 we got out of the scaffold business and focus in real estate business since then.
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