Ethan Wohlwend: Financing A Six-Unit at Seven Years Old

In this episode, Jason, Scott, and Ethan discuss:

The best way for mentors to teach their students

There are more paths to life 

How Ethan bought his first property at seven years old

How to get what you want out of a negotiation

 Key Takeaways:

If you’re a mentor, you must give the one you’re guiding a chance to take action on their own. You must be available to provide guidance when needed, but able to give them enough space and not be holding their hand as they explore. 

There are more paths to life than just “go to school, get good grades, and get a job”. We’ve got to be more open-minded about the potential for financial freedom in the area of real estate investing and encourage this idea in our inner circles. 

Through creative financing, you can buy real estate for cheap. If a seven year old could do it, anyone can do it! 

To get what you want in a negotiation, you need to figure out what the other person wants first. This could take a couple of conversations to uncover, but once you know what they want only then can you start creating a solution. 

 "Another really important lesson is, is you don't need to know exactly how to do all of these. You just need to have an open mind and know who to ask. Or as my brother would say, be creative and take action." — Ethan Wohlwend

About Ethan Wohlwend: Ethan Graduated with his Ohio Professional Housing Providers certification in November 2019 at just 9 years old! That made him the youngest graduate ever, and one of only 2 minors to ever graduate. His company owns 38 units at this time and is constantly growing. He started investing at 5 years old and has been buying real estate since he was 7.  He is currently 12 years old and in 8th grade. He currently invests in real estate, gold, and crypto-currencies.

Ethan also likes to ride ATV’s on the family farm, spend time with his family, and fly airplanes… but his dad has to land because he can’t see over the dashboard or reach the pedals. He is also a public speaker and an author. 

Check out Ethan’s book, The Tree House, by ordering from this link: https://www.amazon.com/Treehouse-Ethan-Wohlwend-ebook/dp/B0BL8922M8/ 

Connect with Ethan Wohlwend:

Website: https://www.clearskytrainer.com/ 

Connect with Jason and Scott:

Website:   https://henderxcapital.com/masteryourmillions

Twitter:  @MasterYourMs

Facebook: https://www.facebook.com/groups/realestateinvestorsofutah 

Instagram: @MasterYourMs

Email: jasonchem@gmail.com, scott@henderxcapital.com