A 22-Year-Old's Playbook for Young Investors with Jabbar Adesada

17 Oct 2024 • 39 min • EN
39 min
00:00
39:30
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Send us a text How do people become uber-successful real estate investors? In this case, at a very young age of 22. Jabbar Adesada shares his journey of overcoming adversity to achieve financial freedom and success in real estate investing. Growing up in poverty with an abusive mom, Jabbar discusses his traumatic childhood and pivotal move to live with his estranged father at 15. After discovering Robert Kiyosaki"s "Rich Dad Poor Dad," Jabbar became obsessed with building assets and not liabilities. He bought his first rental property at 18 while serving in the military, living on a futon and renting out rooms. Jabbar then started raising money from investors and partnering to scale up, buying nearly 10 more rental units within a couple of years.  [00:00 - 09:12] Jabbar"s Early Adversity and Paradigm ShiftGrew up in poverty with abusive mother leading to a traumatic childhoodMoved in with estranged father at 15, pivotal shiftThe pivot at 15 years old - the need to become somebodyRead "Rich Dad Poor Dad" and learned about assets vs liabilities [09:13 - 25:40] Entering Real Estate Investing Through RentalsJoining the military and learning from a mentorBought first rental property using VA loan at 18Started raising money to scale into more rental propertiesBought 25 properties in 6 months with partner [25:41 - 31:57] Path Forward: Focus on Strengths and Giving BackFocused on outsourcing to scale businessLearned importance of self-belief from missed commercial dealShort-term rentals fully outsourced, flipping more hands-onIntends to exit military ASAP [31:58 - 39:30] The Final Four: Worst Job, Book, Skill to Learn, & Definition of SuccessWorst job ever was being a private first class in the militaryBook that gave a paradigm shift: “The ONE Thing” by Gary W. Keller and Jay PapasanSkill/talent to learn: Speak SpanishSuccess is defined by quality of relationships and helping others Connect with Jabbar Instagram: https://www.instagram.com/jabbar_investar/?hl=en  Facebook: https://www.facebook.com/jabbar.adesada  LEAVE A 5-STAR REVIEW by clicking this link.   WHERE CAN I LEARN MORE? Be sure to follow me on the below platforms: Subscribe to the podcast on Apple, Spotify, Google, or Stitcher. LinkedIn Youtube Exclusive Facebook Group www.yonahweiss.com None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform. Tweetable Quote: "Success is the value of your relationships, the quality of your relationships, and how you"re able to impact and help other Support the show

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