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  1. ChrisGav

    My whole journey on how I made my first million by 23

    GOLD! HOT! EXECUTION 
    Ha! Yes, and every time I pay the mortgage every month I wish I hadn't moved out.
  2. ChrisGav

    My whole journey on how I made my first million by 23

    GOLD! HOT! EXECUTION 
    I listened to the sweaty startup podcast and he had a website at the time that listed all of the businesses he liked. Pressure washing seemed like an easy job that a monkey could do and was listed on his website. I was really just looking for something I could start. I knew it wasn't something I...
  3. ChrisGav

    My whole journey on how I made my first million by 23

    GOLD! HOT! EXECUTION 
    Yes feel free
  4. ChrisGav

    My whole journey on how I made my first million by 23

    GOLD! HOT! EXECUTION 
    Yep still active. It hands down changed my life more than anything https://launchcreativefinancing.com/ That's a link to it. Travis Oglesby runs it. Good dude. It was $500/mo back when I joined, I imagine it's the same price. I'm still in it
  5. ChrisGav

    My whole journey on how I made my first million by 23

    GOLD! HOT! EXECUTION 
    Funny you say that, that's now my biggest fear. I have now been keeping 250-300k liquid sitting in the bank doing nothing. It equates to a year worth of mortgage payments and expenses if no one paid me a dime for a year/if all tenants stopped paying. In the real estate community that feels like...
  6. ChrisGav

    How I got my 1st lambo for "free" (to me)

    OFF-TOPIC 
    I had a fun story I thought I'd share on how I got my first lambo for free, well sort of. I invest in real estate and one strategy I love to do is sell houses owner financed. Why? Because I get the monthly cash flow that a rental provides (usually more) and I don't have to deal with maintenance...
  7. ChrisGav

    My whole journey on how I made my first million by 23

    GOLD! HOT! EXECUTION 
    Hey Guys. Long time no talk... I've been on this forum for years and haven't been on in about a year or so and thought I'd share how my life has changed since. I figured I'd make a post outlining where I'm at today and how I arrived here. Some of it will repeat the prior posts I've made, but...
  8. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    I wish I could tell you one channel or book that made it click, I think it was just picking up small nuggets from a bunch of sources that helped me put it all together. for youtube channels: Brent Daniels Pace Morby Todd Tobach Steve Trang Books: All of the biggerpocket books about real estate...
  9. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    I'm in Greenville South Carolina. No secret recipe besides forcing myself to do what I don't feel like doing every day, COLD CALLING.
  10. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    Quite honestly, I'm just scared man. I'd like to think I'm good at managing my money, I don't hardly spend it unless I'm buying another asset. But, I don't really know what to do now. Simply put, I feel like this is a different ball game than when I was trying to make my first 100k/year. I don't...
  11. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    Definitely feeling lost still. I have a lot of deals currently in the works, so going to continue down this path. Mainly just feel very outside of my comfort zone, but I'm making it a point to continue to do marketing and push forward even through a little discomfort. I'll probably plan to focus...
  12. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    I started a small pressure washing operation 2 years ago. I washed a few houses for a realtor and he started talking to me about how I should get into real estate. He was ultimately trying to recruit me to be a realtor with him, but I ended up going a different route. He certainly is the reason...
  13. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    Interesting, but if I pay off 280k to get 28k more a year annually that’s only a 10% return on my 280k. I definitely understand how that’s safer, but do you think I could make a better return placing that money somewhere else? or do you think it’s worth doing that to build more of a permanent...
  14. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    Correct me if I’m wrong, but wouldn’t that hurt tax benefits a little bit in the process of paying them off?
  15. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    It would increase $2,300/mo if I didn’t have those 2 mortgages. I owe a total of about 280k between the 2 of them. However, 1 of those I have $0 of my own money in it. That deal broke down as such: Purchased it for 90k owner financed with 23k down there was 16k worth of rehab it needed, the...
  16. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    I have 4 doors with no partners (2 duplexes) The rest of my portfolio consists of: 9 unit mobile home park 1 partner 50/50 16 unit apartment complex: 1 partner 20% owner ship but I get 30% of revenue as cashflow every month too 2 doors (1 duplex): 50/50 partners The Airbnb: 50/50 partners My...
  17. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    You got me curious and here’s what’s currently happening with my passive income from rentals: I make $4k/month profit from rentals (after maintenance, debt service, taxes, insurance, my partners take their cuts etc) It costs me 2k/month to live and to run my business (I house hack where I live...
  18. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    All of the 100k is from wholesales and flips. I haven’t even included my rental income in that figure. Here’s essentially what’s been going through my head: I’m making pretty decent money and it happened really quickly. I know that it may not always be this way, and I also know that I don’t know...
  19. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    Well that’s why I’m surprised as well and not sure what to do.
  20. ChrisGav

    Made my first 100k per month at 23 years old, now what?

    GOLD! HOT! REAL ESTATE 
    Thank you. I really appreciate that. I think I have just surprised myself and did not expect all of this to happen I just was running with my head down.

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