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How A First-Responder Turned Investor Helps Gov. Employees Build Wealth And Retire Early
Isaiah Henry’s first venture into real estate was when he was still a lifeguard. He bought a condo unit which earned him 150,000 CAD in equity in just 6 months. Now, he is the owner of First Position Real Estate, a company that aims to help government officials achieve financial freedom through real estate investments.
Join us in this episode of Freedom Chasers Podcast where Isaiah shares how his “go-giver” attitude has helped him create his portfolio, and how he’s giving back to the community and his friends and family.
Schedule a FREE coaching call: coaching.freedomchaserspodcast.com
Don’t Forget To Reach Out To Isaiah Henry
Instagram: https://www.instagram.com/itsmrhenry/?hl=en
Youtube: https://www.youtube.com/@firstpositionrealestate3289
Tiktok: https://www.tiktok.com/@firstpositionre
Linkedin: https://ca.linkedin.com/in/isaiah-henry-28535b14a
Website: https://first-position-real-estate.mailchimpsites.com/
Quotes -
“There was a little ad for a little condo, a little pre-built condo. And I said, let me look into this, I did a quick google search and found out how much it was. I was still working at the local pool at this so I was on a lifeguard salary and I just did the math on my phone calculator.”
“I remember some things in high school… I negotiated my way into a second locker and I was selling pop, chips, and candies out of my locker at lunchtime. I had a t-shirt business in high school… I always loved the ability to generate your own income.”
“You can make money anytime. There are a lot of different things you can do to make money, make income but what I found with real estate was the power to build that generational wealth and give your family and yourself that freedom.”
“As much as I learned and as much as I grow, my biggest thing is to bring people along the journey with me. Whether that’s a partnership, whether that’s teaching… I just wanna bring as many people as I can with me as I get to that financial freedom goal.”
“The quickest to making a million dollars is to make ten people a million dollars. If you can find a way to make ten other people 1 million dollars, you’ll easily make yourself a million dollars if not more. So, I would pour into other people ten times before looking about doing all the action by myself.”
Concepts -
Learning when you can say “I know enough. I’ll just learn the other things I need to as I go” is very important, so you won’t miss out on opportunities.
Failing should not be a deterrent for you to do something. Failing helps you learn and experience what things are needed to be changed and what things are the correct decisions so you can succeed the next time you do it.
Assessing what you can invest with the resources that you have and having a safety net like savings can help minimize fears and mitigate your risks when taking your first steps into real estate.
Having a very clear vision and criteria when looking for real estate investments can help you find something faster rather than leaving it up to the realtor.
Giving back to someone after they’ve helped you is very important in building and maintaining positive two-way relationships where both of you can benefit from each other.
Inspiring and keeping your team engaged by showing them the results of their work can be a big motivator to keep doing good.
Being a respectable leader through your actions and giving your team the respect they deserve is a huge part of keeping your team motivated towards accomplishing your goals as a team.
Competency and reliability in doing your job help earn the respect you need to be a good leader and motivator.
Time Stamps -
0:00 Introduction
6:00 What led you to real estate?
8:30 The Mindset of an Entrepreneur
10:00 Next steps after your first venture into real estate
12:10 Motivations on entering real estate
13:20 Goals and vision for the future
15:30 The Go-getter mindset
17:20 “Translating” sports into real estate
19:20 Analyzing risk and overcoming fears
21:20 The “Power” Team
23:10 Establishing a team virtually
25:40 Creating a portfolio without doing the work
27:35 Your experience with Realtors
29:25 Go-getter or Go-giver: Which has benefitted you the most?
30:20 Keeping the positivity as you progress your career in real estate
32:00 How do you select your trainees
34:15 Learning from your students
35:50 Great Motivators vs. Technical Leaders
37:40 What makes a great motivator?
38:45 Top NFL coaches you look up to
44:27 Helping government employees achieve financial freedom
46:50 Doing multiple jobs or specializing in one
48:40 Is there a bad time to outsource a job?
50:00 Vision for the next 12 months
51:00 If you had a billion dollars, how would you live your life?
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