175: Changing Their Family's Fate by Building a 600+ Unit Portfolio (At Age 20!)

Real Estate Rookie

BiggerPockets

Entrepreneurship, Education, Investing, Business, How To

4.7 • 1.8K Ratings

🗓️ 20 April 2022

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

There are those who accept their circumstances and then there are those like today’s guests —the Donis Brothers (Jeffrey, Kenneth, and Kerwin). These three brothers have created immense success for themselves at only twenty & twenty-three years old through self-education, network building, and hard work. They’ve done seventeen wholesale deals and co-sponsored three multifamily syndications with a total of 636 units between them in a mere two years. They got their start in college when the oldest brother, Kenneth, heard about wholesaling while watching The Breakfast Club. After taking a humbling trip to Guatemala and realizing how many opportunities they had access to, they knew they had to pursue real estate. Once they decided to pursue real estate, each brother separately came to the same conclusion—college wasn’t for them. They collectively decided to focus on building their business so they could reach their ultimate goal of financial freedom and retiring their mom. They started their real estate journey with single-family homes but quickly realized multifamily properties aligned more with their goals. During their transition, it took six months of straight cold calling before they got their first deal. While working to get their first deal they also joined a mastermind and spent time expanding their network. They actively sought out people in spaces they were trying to penetrate which led them to their current mentorship program. Their ability to scale their business and network simply proves they are a force to be reckoned with. Make sure to listen closely because the Donis Brothers could be the next big thing. In This Episode We Cover How to invest at a young age and turn being young into an advantage Networking events and how to extract true value from each one you attend Cold calling, its importance, and how to effectively nurture leads How to make the transition from single-family to multifamily properties Building a powerful real estate network of mentors, investors, deal finders, and friends Syndications and how to use them to broaden your investing opportunities Building a social media platform to expand your network and reach And So Much More! Links from the Show Ashley's Instagram Tony's Instagram BiggerPockets Real Estate Rookie Youtube Channel Real Estate Rookie Podcast BiggerPockets Bootcamp The BiggerPockets Conference 2022 Max Maxwell's Website Meetup Eventbrite Podio Subto Real Estate PropStream ListSource BatchLeads Mojo Dialer Grant Cardone's Website BiggerPockets Forums Your First Real Estate Investment Podcast Is This Deal Worth My Time? The 6 Crucial Steps to Vet a Multifamily Deal The 8 Steps That Will Stop You From Getting Burnt on Multifamily Deals w/Andrew Cushman Pitchstack Bar Down Investments Tyler Combs Rare Bird Real Estate BiggerPockets Real Estate Podcast Real Estate Rookie Facebook Group Books Mentioned in this Show: Rich Dad Poor Dad by Robert T. Kiyosaki Best Ever Apartment Syndication Book by Joe Fairless and Theo Hicks Connect with The Donis Brothers: The Donis Brothers's Website The Donis Brothers's Instagram The Donis Brothers's Facebook Page The Donis Brothers's Twitter The Donis Brothers's Tiktok The Donis Brothers's Youtube Channel The Donis Brothers's Podcast Check out the full show notes here: https://biggerpockets.com/blog/rookie-175 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Real Estate Rookie Episode 175.
0:07.6	I would say like in the beginning I was scared and it wasn't something I wanted to do,
0:11.4	but eventually I started to actually love growing a business and I saw once we closed on
0:16.3	our first deal. It was something real and I'd made more money than my mom made to like two-thirds
0:21.2	of a year just in a few months. My name is Ashley Care and I'm here with my co-host,
0:28.8	Tony Robinson. And if you're joining us for the first time, the Real Estate Rookie podcast is
0:33.6	the place for new Real Estate investors because we give you the inspiration, the information,
0:38.6	the motivation that you need to get started before you go. So Ashley Care was going on,
0:43.2	what's new, how are things in your neck and the woods? Oh, pretty good. I'm still
0:47.6	correcting around living my day in physical therapy, but doing good. Yeah, I went and looked at
0:55.1	a campground this weekend and I'll probably put an offer in on tomorrow, hopefully. So that's
1:01.2	exciting, but yeah, just loving living life, trying to protect my ACL from reandering and hopefully
1:08.8	you get back to full mobility before the rookie conference. Yeah, no, we got like three weeks for
1:14.1	you to like get back on your feet. So fingers crossed, you can get back to normal. So Tony,
1:19.0	I have to talk about your big event. Oh, yeah. So look, actually, let me see, they're not too far.
1:25.2	So Tony had a big event and I gave a specific instruction to his wife to make sure that they
1:31.4	would be in the video. Yeah, if you're watching on YouTube, there you go. There you go. Yeah,
1:37.8	Tony, yay. So Tony did a fitness competition. Yeah. You have to go look at his Instagram and check
1:45.0	out how defined he got. And I mean, it was amazing, Tony. You did awesome. You took place in each
1:52.9	of what was at three. Yeah, yeah, so there are three different classes that I competed in and
1:57.6	took first and all three. So it was a shock like, you know, it's all you never know who you're
2:01.9	going to compete against until you get there. And there was, you know, some really, really solid
	...

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