Mission Accomplished: Becoming a Millionaire Before 30!

Mission Accomplished: Becoming a Millionaire Before 30!

Real Estate Investor & Marketing Specialist · Montreal, QC · Member since 2013 · 182 posts · 367 votes

Hey guys,

When I started getting interested in Real Estate 6 years ago, I loved to hear stories of successful RE investors as it provided me with incredible motivation to become financially free and a full-time RE investor myself. I hesitated a long time before writing this post since I don't want to seem like I'm bragging, but I feel like sharing my story with you guys today might help and motivate many others to achieve their most desired goals as well.

In a nutshell, I bought my first triplex at age 23 with two other partners, and then completed my first singe-family flip a year later at age 24 with two partners as well. Then, I partnered up with a high-school friend and we decided we would build a Real Estate empire so we could become financially free by the age of 35. At that time (2014), we were 25 years old so that meant we had 10 years to accomplish our ultimate goal. 

For the first two years, we had full-time jobs and we flipped houses on the side. We were both able to quit our jobs in 2016 after we made roughly 200k in profits from our flips. We could pretty much afford to live off these profits for 2 full years (based on the 50k annual salary we were making at our jobs). We officially became full-time RE investors from that moment.

Then, that's when we decided to start buying multi-family properties and to shift our focus on a new goal to buy 300 doors within 3 years (by 2019), while still doing some house flipping so we could continue to pay ourselves through the business. 

In the meantime, I decided I would have my own personal goal, which was to reach the MIGHTY million dollars in net worth within the next 3 years (by 2019). 

Now at age 29, I can officially announce that my goal of becoming a millionaire in net worth has been surpassed with our latest acquisitions :)!!! I am essentially a year before schedule, which is even sweeter. My partner and I now own over 100 doors, most of which have been bought in the last 18 months, and we're not planning to stop anytime soon!

It's important to note that I started with nothing. No money and nobody in the family with a business and/or Real Estate background. I built it all from the ground up myself, with the help of my partners of course, which is what makes me especially proud. It basically means that anybody can do it, you just have to do it! That's it. Stop finding excuses and take action. If you don't know how to accomplish something, then find a way to learn how because nobody will do it for you. I know it's cheesy, but it's true!

My 2 cents!

G

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Most Popular Reply

Rental Property Investor · East Wenatchee, WA · Member since 2014 · 10k+ posts · 16k+ votes
8y

Love me a good bootstrapped ,from the ground up story!   Many congrats, Guillaume!

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  • Rental Property Investor · Dallas, GA · Member since 2016 · 5 posts · 2 votes
    8y

    Great job! Good to hear how you persevered until you succeeded!

  • Joseph DrutherPro Member
    Investor · Southern Pines, NC · Member since 2014 · 340 posts · 171 votes
    8y

    Congrats! My goal has been the same. Right now we should be on track by age 30, but I may have to turn it up knowing you did it at 29 lol.

  • Virginia Beach, VA · Member since 2018 · 6 posts · 0 votes
    8y
    Where do find your partners?
  • Jake ThompsonPro Member
    Rental Property Investor · Albany, OR · Member since 2015 · 312 posts · 136 votes
    8y

    Congrats, @Guillaume D.! I hope to be there soon as well! I've got a little under 4 years until 30 myself.

  • Real Estate Agent · Chicago, IL · Member since 2017 · 715 posts · 138 votes
    8y

    Congratulations! Great Motivation.

  • Minneapolis, MN · Member since 2018 · 5 posts · 6 votes
    8y
    Thanks for the share! Success stories like these, especially because you didn’t get handed the money keeps me motivated. Congrats. Brandon Hershey
  • Real Estate Broker · Fontana, CA · Member since 2018 · 8 posts · 1 vote
    8y
    I am very inspired! I’ve been trying to get started, but have been failing so far. My personal DTI is bad and I can’t find anyone who will finance me. Can I ask how you found your investors? I’ve tried LinkedIn and other networking sites, but no luck.
  • Tampa, FL · Member since 2015 · 145 posts · 47 votes
    8y
    Guillaume D. GREAT JOB!! You set goals and surpassed them all. You are an inspiration to most congratulations!!! I too will be there in less than 7 years mark my words. I too am starting off like you with nothing, but know some day I’ll be Financially Free just as you are. Nothing like Real Estate. Congrats again!!!
  • Conrad LegéPro Member
    Chicago, IL · Member since 2017 · 104 posts · 35 votes
    8y

    Awesome story and super motivating my man. Congrats to you. I am just starting out in my real estate journey and plan to break free from my W-2 job by age 30 and do RE full-time. This just lit a match under me.

  • Conrad LegéPro Member
    Chicago, IL · Member since 2017 · 104 posts · 35 votes
    8y

    Question, how are you finding these deals, G? I don't know if its the city I am in or its just the climate right now for the market as a whole, but I can't seem to get my first property under contract.. Did you use traditional methods such as MLS or are you getting off-market deals? Thanks in advance.

  • Rental Property Investor · Midvale, UT · Member since 2017 · 33 posts · 14 votes
    8y

    Awesome! Very motivating

  • Atlanta, GA · Member since 2018 · 3 posts · 0 votes
    8y

    Great job!!!!!!!!! Got me fired up!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • Real Estate Agent · Deer Park, TX · Member since 2018 · 2 posts · 0 votes
    8y

    Congratulations, thank you for sharing. I haven't started yet but after reading this I will definitely stop procrastinating and take action. 

  • Eric FlattPro Member
    Chicago, IL · Member since 2018 · 31 posts · 33 votes
    8y

    Congrats and very inspiring post!

  • Real Estate Investor · Marysville, OH · Member since 2014 · 242 posts · 196 votes
    8y
    Nice trajectory.
  • Rental Property Investor · Member since 2018 · 483 posts · 956 votes
    8y

    Congratulations! I also made it by age 29 and like you said if I can do it anyone can. 

  • Investor · Philadelphia, PA · Member since 2015 · 3k+ posts · 3k+ votes
    8y
    Better to have 1 mm net worth with 10 doors or 100? With w2 job or without?
  • Rental Property Investor · SF Bay Area · Member since 2016 · 234 posts · 103 votes
    8y
    Guillaume D. , congrats bro 29 year old millionaire, not bad at all sir! 😁 more success bro and thanks for sharing!
  • Investor · Singapore · Member since 2013 · 1k+ posts · 3k+ votes
    8y

    Id like to know with what kind of leverage did you reach the million in net worth? Because with very high leverage you are a hairs breadth of being minus a million in net worth. I

  • Real Estate Agent · Chicago, IL · Member since 2016 · 30 posts · 3 votes
    8y
    Thank you for sharing!! Great success story!
  • Joshua DiazPro Member
    Rental Property Investor · Bronx, NY · Member since 2015 · 269 posts · 165 votes
    8y
    That is awesome! Just goes to show this is a people game and not the lone wolf game. Thanks for sharing!
  • Rental Property Investor · Chattanooga, TN · Member since 2018 · 18 posts · 8 votes
    8y

    @Guillaume D. How awesome and thank you for sharing the story!  So many people think "I can't because I don't have money".  This is not only inspirational to anyone with or without money, it is a counter argument against those limiting beliefs of "I can't" that so many of us carry with us!


    Keep going and Congrats!

  • St Peters, MO · Member since 2017 · 9 posts · 8 votes
    8y

    Congrats @Guillaume D. That is truly awesome. While I am working hard at building my real estate empire, it is definitely challenging with a full time job and family to be present with. It's always inspiring to hear someone that didn't have much, if any, assets and a full time job, yet made it work. I hope you continue meeting (or beating) your goals. I am putting my well defined plan together when I take some time off later this year with the new addition to our family joining us. Congratulations again and continue sharing your success. It's not bragging. It's inspiring.

  • Member since 2018 · 6 posts · 0 votes
    8y

    ...it is that easy.. ive done the math...  now just to get that first down payment... :D

  • Flipper/Rehabber · San Antonio, TX · Member since 2017 · 24 posts · 3 votes
    8y

    Congratulations, I strive to be in your shoes one day.

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