316: How to Become a Millionaire Through Real Estate by 26 with Graham Stephan | Bigger Pockets Podcast
Interested in becoming a millionaire through real estate investing? Of course you are!
Today’s guest did just that—by age 26!
Brandon and David sit down with top-producing real estate agent and investor Graham Stephan as he spills the strategy he used to build massive wealth at such a young age. You won’t want to miss his “fortune formula,” including how he adds value to the deals he buys, how he saved money to invest without missing out on life’s experiences, and how he found work he loved to do so he could work hard while still feeling like he was on vacation.
Graham’s passion for real estate carried him to big success through investing, and he shares great advice for using YouTube to grow your brand. He also discusses how skipping college helped make him a millionaire and how he worked with his grandma to fund his first deal!
Graham touches on why he feels the future of RE is in development, ways to “make, not just find,” deals in today’s market, what to watch out for with Airbnb, and how he bought a house before he even owned a credit card.
DON’T miss this powerful show from someone who made the most of his 20s to set himself up for future success. Download it today!
In This Episode We Cover:
Started as listing agent in L.A. at age 18
Closing over 3 million dollars as a first deal that made him quit college
The plan he put in place
What he could’ve done better
What it’s like buying rental properties at a young age
Hack on managing properties
House hacking in LA
The Subway sandwich story
How Graham became a millionaire in real estate by 26
Why going to college would have set him back a decade
The Millionaire Formula
His current investments and future plans
Tips on landlording
And SO much more!
Links from the Show
BiggerPockets Forums
BiggerPockets Webinar
BiggerPockets Meet
BiggerPockets Career Opportunities
Mission Meats
BiggerPockets Youtube Channel
How I became a Millionaire in Real Estate by 26 (video)
BiggerPockets Podcast 315: How to Read Human Nature to Succeed in Life with Bestselling Author Robert Greene
David Greene’s Youtube Channel
Books Mentioned in this Show
The Book on Managing Rental Properties by Heather and Brandon Turner
Buy It, Rent It, Profit! by Bryan M. Chavis
The 4-Hour Workweek by Timothy Ferriss
Tweetable Topics:
“If people worth 10 million dollars are buying these properties, chances are this is something I should start paying attention to myself.” (Tweet This!)
“You don’t have to deprive yourself to be successful, you just have to be smart about the things you chase.” (Tweet This!)
“Going to college for me would have set me back probably almost a decade.” (Tweet This!)
“For me, my work is my vacation.” (Tweet This!)
“Every year there’s a new opportunity out there.” (Tweet This!)
“Landlording is a skill.” (Tweet This!)
“If you pick up the phone, you are ahead of 80% of agents out there.” (Tweet This!)
Connect with Graham
Graham’s Youtube Channel
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