124: Building a Real Estate Empire At a Young Age with Jered Sturm

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 28 May 2015

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

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Summary

Is it possible to invest in real estate when you don’t have decades of life-experiences? That’s the topic we dive into today on the BiggerPockets Podcast with special guest Jered Sturm. Jered, who is in his mid-twenties, is an incredibly successful buy-and-hold investor as well as a house flipper and contractor. Jared’s unique strategy appeals to anyone who is looking to build a large portfolio in a short time. Today’s show is all about hustle, and doing what it takes to succeed! Whether you are 25 or 75, this interview is bound to inspire you to take massive action to find the success you desire. Stay tuned! In This Episode We Cover: How Jered bought his first property right out of high school Details on Jered’s journey to 20+ units How Jered has financed his deals The ins and outs of the flips he’s completed The importance of networking to finding properties How Jered and his team find deals The common trait that makes some landlords terrible The advantages and disadvantages of investing in real estate at a young age The power of exponential growth And SO much more! Links from the Show BiggerPockets AskBP Podcast BiggerPockets Calculators It’s a Wonderful Life How to Start Investing In Real Estate at a Young Age BiggerPockets Forums BiggerPockets Webinar Zillow Books Mentioned in this Show The E-Myth Revisited by Michael Gerber J. Scott’s The Book on Flipping Houses Investing in Real Estate by Gary Eldred Business Brilliant by Lewis Schiff Tweetable Topics: “If we can do it for others, why not do it for ourselves?” (Tweet This!) “If you wait longer in life, you’re going to have all the responsibilities that usually come later in life.” (Tweet This!) “People can find the confidence in you if you just carry yourself the right way.” (Tweet This!) “There’s gonna be times in life where I’ll know I want free time more than I do now.” (Tweet This!) “No company cares about the property as much as an owner.” (Tweet This!) “Be someone that people will lend money to.” (Tweet This!) Connect with Jered Jered’s BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Bigger Pockets Podcast, show 124.
0:05.0	Make the sacrifices now while you can because the power of exponential growth is so worth it.
0:11.0	You're listening to bigger pockets radio,
0:14.0	simplifying real estate for investors large and small.
0:18.0	If you're here looking to learn about real estate investing
0:21.0	without all the height, you're in the right place. Stay tuned and
0:25.0	be sure to join the millions of others who have benefited from bigger pockets.com.
0:29.6	Your home for real Estate Investing Online.
0:33.0	What's going on everybody? This is Josh Dorcan, host
0:36.0	The BiggerPockets Podcast, here with my co-host, Mr. Brandon Turner.
0:40.0	What's up, Brandon?
0:41.0	What up Josh? How are you? I'm good, man.
0:44.4	Excited about today's show. Good, me too. Me too. This is a good one because, you know, I'm a young guy, you're an old guy, so, you know,
0:51.6	today we're talking about... got one up man you got one
0:55.6	up I did get one up this guy showing like this young dude who like jumped in and
0:59.8	and was successful really early and and today I like you know I think he beats you by like five years doesn't he he's doing all right I think I got my 24 unit which would have put me at 30 units when I was like 25 and he's just 25 now he's got 20 units so you know he's he
1:16.0	might pass me up if he buys another one you know in this year so it's a race you know
1:20.8	I'm showing off that That's what I do.
1:24.0	Nice.
1:25.0	Yeah, very inspiring story.
1:27.0	Whether or not you're young or not,
1:28.0	listeners out there, I mean, if you're 50 or 60 or so you're going to love this show.
	...

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