#46: Diego Corzo

4 snips

Jan 22, 2024

Diego Corzo, real estate investor and agent, shares his journey from immigrating to the US as a child to becoming a millionaire through real estate. Topics include: overcoming challenges as an undocumented immigrant, finding mentors, DACA legislation, achieving financial freedom through cash flow, and the power of personal development.

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ANECDOTE

Immigration to the US

Diego Corzo's family immigrated from Peru to the US when he was nine.
They arrived with a tourist visa and $8,000, intending to stay despite the visa's limitations.

ANECDOTE

Parents' Sacrifices

Diego's parents made significant sacrifices, including not seeing their family for years, to create a better future for their children.
Their struggles instilled a strong sense of responsibility and ambition in Diego.

INSIGHT

Perspective on Hardship

Many Americans perceive minor inconveniences as hardships.
Recognizing that most of the world faces greater challenges can provide valuable perspective.

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Diego Corzo is a real estate investor and agent, entrepreneur, and advocate for undocumented immigrants who were brought to the U.S. as children.

In this episode, Diego shares his story of immigrating from Peru at age 9; overcoming a speech disorder; and seeking out successful mentors who helped him become a millionaire through real estate and business before the age of 30.

He also talk about:
- What life was like Peru and in the weeks and months after he arrived in Florida on a tourist visa
- Creating his own scholarship and selling study guides to pay his way through college
- Practical tips for finding and keeping mentors, including the "book report video" trick
- Riding a bike to and from jobs because he couldn't get a driver's license
- Speaking in front of Congress and visiting the White House to discuss DACA legislation
- His thoughts on a path to citizenship for DREAMers who arrived in this country as children
- How he became a successful realtor by apprenticing under a mentor
- How he became the first non-millionaire in Gobundance, the mastermind for "healthy, wealthy, generous men"
- Buying a "2% rule" rental house without immigration papers at age 23
- How he used money partners and "unfair advantages" to buy investment property
- His experience with rent-by-the-room and Airbnb
- Prioritizing experiences over material belongings and the value of organizing unforgettable 1:1 trips with your parents
- His own mastermind, The FI Investors, which talks about not only how to achieve financial independence but what comes next

Books mentioned:
- Rich Dad, Poor Dad
- Think and Grow Rich
- Buy Back Your Time by Dan Martell

Diego's Charitable Cause:
- Immigrants Rising, an organization that provides financial, mental health, and career pathing resources to undocumented students

Sponsor: BetterLife Real Estate Funding (REF), which provides Hard Money, DSCR, Conventional, and Portfolio loans specifically tailored to real estate investors' unique needs

Connect with Diego:
- FI Investors' 2024 resources: E-Book, goal-setting worksheet, and more
- @realdiegocorzo on Instagram

Join the Tribe:
- https://abetterlife.com/