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BiggerPockets Real Estate Podcast

352: No Driver’s License, No Money, No Excuses: How Diego Corzo Blazed a Trail to 18 Doors

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 17 October 2019

⏱️ 79 minutes

🧾️ Download transcript

Summary

Eighteen doors by 29 years old by never taking no for an answer! We realize there are a lot of inspirational investors out there, but on today’s show, you’re going to be blown away by one of the best. Brandon and David sit down with Diego Corzo, a “DREAMer” who moved to the United States with his family at a young age. Fast forward a few years, and Diego jumped headfirst into real estate investing, using house hacking strategies that will work for anyone. You will be blown away by Diego’s story of how he rode a bike (with his suit in a backpack to avoid getting it sweaty) when he couldn’t get a driver’s license, how he got on the fast track to becoming a millionaire, and how he overcame a speech impediment, going on to give a TED talk! You will love his fantastic advice on what to look for in a house hack property, which areas to look when investing, and how to target the perfect tenant market. You’ll also appreciate his thoughts on avoiding drama between roommates, vetting turnkey companies, and structuring partnerships. Diego goes on to share some solid info about why he prefers “B” neighborhoods over “C” and why doing your own math is so important when analyzing deals. This guest is truly an incredible person with an incredible story—not to mention some pretty fantastic investing advice. Don’t miss out! Download this episode today, and make sure you're subscribed to the BiggerPockets Real Estate Podcast so you won't miss the next one! In This Episode We Cover: How Diego owned 18 doors by 29 How he overcame not having a driver's license What adversity can teach you How he got on the fast track to becoming a millionaire How he overcame his stutter to go on to do a TED talk How he invests out of state What he looks for in a home to house hack How he bought his first property How he bought a property with his father Why he prefers “B”-class properties over “C”-class properties How he vets turnkey companies Why doing your own math is so important What he looks for in someone he can trust What he recommends in terms of choosing an area His advice for structuring partnerships How he recommends avoiding drama with roommates in a home And SO much more! Links from the Show BiggerPockets Forums Brandon's Instagram David's Instagram DACA BiggerPockets Youtube Channel GoBundance BiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David Osborn BiggerPockets Podcast 190: Building 61 Different Passive Streams of Income with Pat Hiban BiggerPockets Podcast 318: 100 Units in the First 2 Years (Using Bank Financing!) with Collin Schwartz BiggerPockets Business Podcast Loom BiggerPockets Conference Check the full show notes here: http://biggerpockets.com/show352 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the BiggerPockets Podcast Show 352.

0:04.4

I found myself in that room with 15 millionaires and as they were sharing what their net worth was,

0:09.7

some guy was worth 40 million, 30 million, 15 million, they come to me and I'm like my

0:14.5

name is Diego I own two properties at this moment I'm 23 and my net worth is

0:18.9

35k and they were like who the heck led this kid in?

0:22.8

Why is he here?

0:23.8

You're listening to Bigger Pockets Radio,

0:26.9

simplifying real estate for investors large and small.

0:30.7

If you're here looking to learn about real estate investing without all the height, you're in the right place.

0:36.0

Stay tuned and be sure to join the millions of others who have benefited from BiggerPockets.com.

0:42.0

Your home for real estate investing online.

0:45.0

What's going on everyone?

0:46.0

This is Brandon Turner, host of today's podcast,

0:49.0

here with my co-host, Mr. David Green up buddy not much dude I had a great weekend

0:56.3

actually had a good conversation with somebody about starting up a partnership to start

1:00.5

buying houses very similar to what today's guest is doing so that was kind of ironic

1:04.2

that that's how things worked out.

1:06.2

Yeah, fancy fancy well speaking of today's guest it's fantastic today's show is so good

1:11.6

so this guest today's name is so good. So this guest today, his name is Diego.

1:14.0

And Diego has been a buddy of David Green and mine

1:16.9

for a while now.

1:18.6

And he's got such an inspiring story.

...

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