Action Academy | Replace The Job You Hate With A Life You Love
How A 23 Year Old Bought A 10 Unit As His First Deal (And Found A $70M Mentor)
Jan 23, 2025
Mike Linquata, the operations director for Legacy Investment Group and a driven 23-year-old Yale graduate, shares his journey in real estate. He highlights the challenges he faced in securing a 10-unit property as his first deal and how mentorship played a crucial role in his growth. Mike discusses the importance of building relationships and trust in real estate, as well as the wealth-building potential for young investors through strategic partnerships. He emphasizes adapting strategies while keeping a clear vision to seize unexpected opportunities.
32:06
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Quick takeaways
- The speaker's transition from internship to operations manager illustrates the importance of proactive networking and community support in real estate investing.
- Prioritizing mentorship and cultivating relationships in mastermind environments can foster growth and provide essential knowledge for overcoming real estate challenges.
Deep dives
The Journey to Ownership
At just 23 years old, the speaker transitioned from a finance internship to becoming an operations manager at a real estate private equity firm, all while simultaneously buying his first investment property. This journey began in college when he discovered real estate investing through social media, leading him to seek mentorship and community support. He demonstrated a commitment to learning by reaching out for guidance and eventually pursuing a role that aligned with his ambitions. This shift highlights the importance of proactive networking and seizing opportunities in the real estate sector.
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