193- How I Bought My Condo at 22 Years Old & My Biggest Takeaways & Lessons Learned
Journey To Launch
Jamila Souffrant
4.9 • 1.7K Ratings
🗓️ 6 January 2021
⏱️ 50 minutes
🧾️ Download transcript
Summary
At 22 years old, right after graduating from college, I went into contract to buy a condo in DUMBO, Brooklyn. In this episode, I am sharing my real estate story and how I was able to become a first time buyer at such a young age in hopes of inspiring you on your own journey.
There were several factors to my success that I share in this episode. One is the importance of representation, seeing someone who you can relate to doing something you want to do or that you didn't think was possible. Tune into this week's episode to learn about my biggest takeaways from the experience.
In this episode you'll learn:
- How I was able to buy my first property at 22
- Who inspired me to get into real estate
- The factors that lead to my success
- Valuable lessons I learned from my journey and much more...
Special thanks to DCU for sponsoring the episode! Learn more about DCU by clicking here.
Other related blog posts/links mentioned in this episode:
- In the episode, I shared that my mom helped and supported me to buy my first property. She was on episode 75 of the podcast.
- You can sign up for my Private Pop- up Podcast, Financial Independence 101: Your Building Blocks to Create A Life of Financial Freedom. Remember this series will expire soon!
- Check out the other tools that help me with my finances and business here.
- If you missed enrollment, join the waitlist for my FI course and Money Launch Club. The FI Course now called: Map Your Path To Financial Independence will open enrollment in January of 2021.
- Join The Weekly Newsletter List
- Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
- Watch me on News12 Watch my latest segments on News12
- YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.
Connect with me:
Transcript
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| 0:00.0 | You're listening to the Journey to Launch Podcast, how I bought my first real estate property at 22 years old, plus lessons learned that you can apply to your own journey. |
| 0:11.0 | T minus 10 seconds. your own journey. The journey to launch podcast with your host Janila Sufrant as a muddy expert who walks her |
| 0:20.0 | talk. She helps brave journeyers like you get out of debt, save, invest, and build real well. |
| 0:27.0 | Join her on the journey to launch a financial freedom in... |
| 0:31.0 | 5 4, 3, 2 in 5. 3. 2. 1. |
| 0:37.8 | Hey, hey journey years. |
| 0:39.6 | I have been meaning to do this episode for the longest time. I'm going to be talking about my personal real estate journey, my journey to buy my first property at 22 years old in Dunbo, Brooklyn. |
| 0:57.0 | Now this like decision, this purchase, this investment has been like the single biggest thing I've done on my own the riskiest thing I've done on my own the riskiest thing I've done and the most |
| 1:09.3 | financially rewarding thing I've done and you know I always kind of mention it especially like if you maybe look me up or saw some of my story online |
| 1:19.2 | It's usually mentioned you know she bought her first property at 22, and that is true, but I've never really |
| 1:25.6 | gotten a chance. |
| 1:26.6 | Other than actually, you know, I wrote an article about this, I'll link it in the show note, |
| 1:30.9 | if it's out by now, I'm not sure it'll be out, but I never really got a chance to talk about it on the episode and I kept saying I'm going to do an episode just on this experience because I think a lot can be learned from this because I picked out a few things that really helped me, now even looking |
| 1:46.9 | back at that decision, what put me in the position to be able to do that, right? |
| 1:51.6 | So while you may have different tools and different starting point and just |
| 1:56.4 | your situation may not be the same as mine, you know, this was years ago that to pull some educational, inspirational, hopefully things you can see from this story and apply it to your own life. |
| 2:09.5 | That is always my goal when I'm sharing my personal story is to hopefully inspire you but also to |
| 2:15.0 | spark that little light in your head that says hmm how can this apply in my life? |
| 2:21.6 | First a word from today's sponsor. As we are in the beginning of a |
| 2:25.8 | brand new year it's the perfect time to get focused and committed to your |
| 2:29.9 | financial goals. Not only is it great to reflect on your money wind and lessons |
| 2:34.2 | learned from the previous year, but it's the perfect opportunity to set and |
... |
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