First Deal Success 3 yrs in the making!

First Deal Success 3 yrs in the making!

Real Estate Agent · Atlanta, GA · Member since 2013 · 46 posts · 34 votes

HI Bigger Pockets friends,

My name is Jordan, I'm a 16 yr old Real Estate investor. I joined bigger pockets a couple years ago but my journey in real estate began about 3 years ago. When I first started at 13 years old I read lots of real estate and general business books and went to a reia meeting and found a mentor (who is still my mentor). I attended a few classes and tried to begin my career on my own. After swinging for the fences for 2 years trying to wholesale despite the obvious handicap of my age I realized I would need to change my approach. I found another investor in my market who was just starting out and we decided to put our forces together. He had more capital, credit, and the age (credibility), that I lacked. And I had 2 yrs worth of industry knowledge. Fast forward about 10 months and several marketing campaigns later we've closed our first wholesale deal that netted $8k! I received a lot of understandable and sound advice from experts urging me to wait to begin my career, but I found a way, and so should you!

With one deal under my belt I am by no means and expert, but here is my "word to the wise" to everyone else just getting started.

1) Know what you're getting yourself into, active RE investing with no cash or credit is not nearly as easy as many gurus may lead you to believe.

2) If you're like me and want to get into wholesaling before progressing into rehabbing, sure it's good to take that time to learn to evaluate repairs and ARVs ect, but depending on your situation, it may behoove of you to invest some time in early on planning on how you're going to secure funding. Skip the wholesaling phase if you can, the market is saturated enough with wholesalers.

The support I've received from my friends here at BP has been instrumental in this journey for me and going forward I hope to increase my contributions and add to the community.

What's next for Jordan: "The world chico, and everything in it." #NameThatReference

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Investor · Glendale, AZ · Member since 2015 · 113 posts · 47 votes
11y

Hi Jordan,

Congrats! I love hearing stories like this, I admire your persistence! I started in Real Estate at 13 too and my favorite Bible verse that helped me get through some of the constant "Advice" about me being too young etc was 1 Timothy 4:12 "Don't let anyone look down on you because you are young, but set an example for the believers in speech, in conduct, in love, in faith and in purity." (NIV)

-John

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  • Investor · Fairfield-New Haven-Hartford County, CT · Member since 2013 · 825 posts · 413 votes
    11y

    Congrats @Jordan Robinson! Finding a partner that compliments your skill set is my favorite way to play the REI game.

    Lack of hustle is a handicap, not age. Keep crushing it!

  • Renter · Jefferson City, MO · Member since 2014 · 32 posts · 5 votes
    11y

    pinky and the brain

  • Investor · Santa Rosa, CA · Member since 2012 · 402 posts · 96 votes
    11y

    Congratulations my man!

    "First you get the money, then you get the power"

  • Investor · McLean, VA · Member since 2013 · 53 posts · 18 votes
    11y

    Congratulations, Jordan! That's a very cool story.

  • Investor · San Jose, CA · Member since 2015 · 64 posts · 26 votes
    11y

    Wow, that is fantastic,  congrats!!!

  • Real Estate Agent · Southington, CT · Member since 2008 · 5k+ posts · 3k+ votes
    11y

    This is a good story.  What's next @Jordan Robinson?

    Any other deals in the hopper?

  • Investor · Houston , TX · Member since 2014 · 14 posts · 3 votes
    11y

    Congratulations Jordan! Very inspirational story.

  • Real Estate Agent · Atlanta, GA · Member since 2013 · 46 posts · 34 votes
    11y
    Originally posted by @Michael Noto:

    This is a good story.  What's next @Jordan Robinson?

    Any other deals in the hopper?

     Thanks Guys! And yes in addition to ramping up our normal marketing for motivated seller leads (for wholesale deals). We're starting to raise private money to do a rehab deal and just keep building from there.

  • Real Estate Agent · Southington, CT · Member since 2008 · 5k+ posts · 3k+ votes
    11y

    That's awesome @Jordan Robinson 

    Good luck!

  • Toronto, Ontario · Member since 2015 · 41 posts · 9 votes
    11y

    great story @Jordan Robinson...

    Keep it coming.

  • Bulawayo, Zimbabwe · Member since 2015 · 1k+ posts · 253 votes
    11y

    Congrats Jordan.keep it up

  • Dunedin, FL · Member since 2015 · 16 posts · 5 votes
    11y

    Fantastic!! I wish all 13-16 yr olds (20+ yr. olds too) had your work ethic and enthusiasm. Great job-keep it up!! Also thanks for sharing your inspirational story, please keep sharing as you go.

  • Realtor · Palm Beach Gardens, FL · Member since 2014 · 99 posts · 36 votes
    11y
    Awesome. Way to go!
  • Investor · Glendale, AZ · Member since 2015 · 113 posts · 47 votes
    11y

    Hi Jordan,

    Congrats! I love hearing stories like this, I admire your persistence! I started in Real Estate at 13 too and my favorite Bible verse that helped me get through some of the constant "Advice" about me being too young etc was 1 Timothy 4:12 "Don't let anyone look down on you because you are young, but set an example for the believers in speech, in conduct, in love, in faith and in purity." (NIV)

    -John

  • Real Estate Agent · Atlanta, GA · Member since 2013 · 46 posts · 34 votes
    11y

    I had never seen it, but that's an awesome verse @John Hyatt

  • Investor · Beaconsfield, Montréal · Member since 2015 · 13 posts · 5 votes
    11y

    Jordan,

    Congratulations, very admirable. Cleopatra ruled Egypt at 18. I too wish I were young again. In 16 trips around the sun you have invested in real estate and many others at 40 trips around the sun have yet to see the light.

    Good Job and best of luck

  • Investor · San Francisco, CA · Member since 2015 · 15 posts · 21 votes
    11y

    Congrats Jordan! Every titan started with his/her first deal...

    you happen to be decades ahead of most, and for a long game like REI, by the time you're my age you can have an empire of your own design.

  • Qualicum Beach, BC · Member since 2015 · 18 posts · 4 votes
    11y

    congratulations!It is really interesting story to read keep going:)

  • Johnson City, TN · Member since 2014 · 140 posts · 133 votes
    11y

    Wow congrats wish I would have started when I was 13 keep pushing man!

  • Investor · Dallas, TX · Member since 2014 · 31 posts · 8 votes
    11y

    Wow! Awesome story Jordan!!! Congratulations! And thanks for sharing. Keep us posted on your next endeavor!

  • Gabriola, BC · Member since 2015 · 29 posts · 7 votes
    11y

    It is good for you.I am sure you will get more in future .Keep going:)

  • Investor · Taylorsville, GA · Member since 2014 · 352 posts · 540 votes
    11y

    Jordan, you are an impressive young man and seem to have a level of maturity well beyond your years.  I loved reading your post - can't wait to see where you are in 5 yrs, 10 yrs and beyond!!

  • Andrew SyriosPro Member
    Moderator
    Residential Real Estate Investor · Kansas City, MO · Member since 2014 · 10k+ posts · 5k+ votes
    11y

    Congrats Jordan! Hopefully the first of many to come.

  • Real Estate Investor · Newark, CA · Member since 2015 · 7 posts · 1 vote
    11y

    Wow, congrats! You are truly years ahead than most of us. Keep up with the hard work and by the time you are as old as some of us are, you will have your own empire. 

  • Real Estate Investor · Greenback, TN · Member since 2012 · 269 posts · 115 votes
    11y

    Jordan,  I'm really impressed with your effort at such a young age!  Some of the wealthiest people in history have said that it's tenacity, resilience, and hard work that make the biggest difference between success and failure in business.  I agree with that!  I think you're off to an incredible start! 

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