54 I Austin Yeh I Starting Young & Failing Fast to be a Successful Entrepreneur
Manage episode 358826813 series 3316032
Austin Yeh’s parents wanted him to become a doctor, a good job with good pay. Austin wanted way more than that he wanted time freedom! He started as an intern and ended up working 80 hour weeks, for nominal pay, and he could NOT imagine working for 40 years at a job like that. Even when he went full time the pay was still only 5 figures. He stumbled into real estate, and with one wholesale deal made $25,000, almost a third of his yearly salary! A friend at work had suggested reading Rich Dad Poor Dad, and Austin was hooked. A few years on, and even during COVID, he’s scaled his portfolio and set himself on the path to time freedom.
Has it all been success? NO! He’s made many mistakes, but learned so much from them, way more than he learned from his successes.
If YOU want to hear about someone else’s mistakes, how they learned from them and had massive success, TUNE IN!
WHAT YOU’LL LEARN:
- How Ontario Property Deals has success with wholesaling
- How his first deal flamed out with many mistakes
- His experience with bad tenants, and why quality locations and quality tenants are key
- How’s he’s found success with buy and hold in a few markets
- How he creatively find deals
- Why the pro forma is not always the best decision making tool
- Why he started the RISE podcast
- Why the RISE network is aimed at younger and less experienced investors
- How burnout can spark a change from 9-5
- And Much More!
Bio
Experienced real estate investor, owning and controlling multi-million dollars assets under management. Co-Founded Ontario Property Deals which uses proprietary marketing systems to find off-market, private, and discounted properties for real estate investors and fix-and-flippers. Scaled the business to be a 7-Figure revenue business with multiple full-time employees within first year of operations. Founded the RISE Network community, one of the largest real estate investor groups in Ontario for aspiring, intermediate, and advanced real estate investors. Co-founded the RISE Real Estate Investing Podcast, a top ranked Canadian Real Estate podcast which aims to educate and inspire the everyday person to take control of their financial future through real estate investing. University of Toronto Graduate with a specialist in Finance. Maintaining academic excellence (3.89 cGPA) while taking on executive roles in (inter)national organizations.Versatile skill set in a multitude of areas achieved by working in consulting, auditing, financial planning, and data and analytics (D&A). Experienced real estate investor, owning and controlling multi-million dollars assets under management at the age of 25.
E-mail: austinyeh6@gmail.com
LinkedIn: https://ca.linkedin.com/in/austinyeh
To reach out to Jose & Khadija, head over to:
website: www.savvyrealestate.ca
Insta: khadijajafferji & josejafferji
Tags: :#richdadpoordad #realestateinvesting #financialfreedom
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