Posted May 06, 2018 05:19:00By the time I finished high school, I was already a millionaire.
The first time I ever got rich was at the age of 20.
I was living in a condo on Lake Shore Drive in the heart of downtown Chicago.
The condo was $1.2 million, and the owner was a former basketball player and current ESPN analyst.
I had never owned a home before, so I rented an apartment for $200 a month.
When I was 21, I had a new car.
It was a silver sedan with a $15,000 price tag.
My dad bought it for me for a rainy day.
He was always very supportive.
I was an absolute fan of the Bulls.
I loved them.
They were the team I idolized.
I got so good at basketball.
I didn’t know how I was going to spend my time in college.
My parents didn’t have any money and they wanted me to take advantage of my financial situation.
I figured that I was just going to be a good kid and make enough money to be able to pay for my own college.
But I was wrong.
I never thought it would work out that way.
My parents had been divorced for more than five years when my father died.
My mother had just started working and had been making minimum wage since being laid off.
When she took out a loan to pay it back, it was over $150,000.
By the time she was able to repay it, it had ballooned to more than $600,000!
I was on a fixed income.
My father was on Social Security and she was on disability, and my mother was a retired teacher.
The only way I could pay off that debt was to work.
I started selling books to make ends meet.
When I graduated high school in 1996, I took out student loans for $5,000, but I had no idea what I was doing.
It all just kind of happened.
When my father passed away, my mother worked part time as a secretary at a department store.
I took that position for about six months.
I would pick up the phones to find out what was going on with the department store and to keep my family afloat.
I worked at a convenience store for about three years.
Then, in 1997, my father went to work at the Chicago Transit Authority and then the World Trade Center.
My mom took a job at a fast food restaurant.
By 2002, I made enough money from the restaurant to pay off my college loans.
I graduated with a degree in business administration in 2010.
I made $60,000 from my first job, but the rest was taken from my family.
I did well at that job, because I was able a) to work from home and b) I could save for college so I could get my degree at the top of my class.
I knew my money was secure.
But it didn’t last.
In 2009, I bought a condominium in Chicago.
I moved into it with my wife, who had a bachelor’s degree in economics from the University of Illinois.
I bought the condo with $1,000 of my own money and we had a little more than a year’s worth of payments.
I went into the real estate business and made about $15 an hour as a contractor, making about $1 million a year.
Then in 2012, I got a call from a friend.
He had bought a condo in a different neighborhood, and he wanted me as his broker.
I didn’t want to take the job, and I knew he would try to rip me off.
So I told him I didn, too.
He went on a rampage, and after he left, I sold my condo and took out $3,000 in student loans to pay the money back.
My wife, the broker, and a few other people all lost money on the deal.
But they were able to get through it.
I had never worked at any of these companies, but it was an investment opportunity.
And the next time I took a look at the company I had worked for, I knew I had made the right choice.
I quickly built up a substantial equity position in the company, so it was time to invest.
The next day, I received a phone call from my broker.
He told me I would need to get my business into the hands of a real estate agent, or “real estate investor.”
It turned out to be the best deal I could make.
I worked for a realtor for about five years.
I thought the market would always be a little low, but my broker told me the market had risen over the last year.
I put $1 in my brokerage account and borrowed $1 for the first month.
I paid my broker back with a mortgage on the property.
I also bought a house for $1 a month, paid off the mortgage and sold the house for about $3 a month on the first