About WealthUp and its Creator
(Preparing for launch, in 3... 2... 1...)
WealthUp is a community for investors to receive free content on Real Estate Investing, to network with other investors of all different experience levels , and to learn from others. The platform will be launching soon!
WealthUp will also offer a Membership program that includes:
- Software to track your real estate purchases
- Financial Calculators to determine profitability
- Legal Forms for Land lording and Wholesaling
- And more!
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Here's my journey
Hi, I am Joshua Dayrit, entrepreneur and creator of WealthUp.
The about you page is here to give WealthUp investors a little background about myself, what the community here has to offer, what the vision of this website is, and where my journey in real estate started.
Where it all started
From a young age, I always wanted to have money, or in a sense, financial freedom. The ability to spend money freely in moderation without worry. Even though at the time I didn't know honestly know the term or idea of it, I wanted passive income, where every month I would collect a check for something I had already done, not something I am doing on a regular basis, such as a 9 to 5 job.
At 19 years old, I was a community college student with little sense of direction. Just like many other young individuals, I didn't know where I wanted to seriously apply my focus, time and, energy for my future. At this time, I was working part-time at a pizza restaurant, not collecting much money. So with that said, I went out and found a new job looking for more.
I found my first sales job, and luckily enough, a great mentor in my boss. His inspiration and mindset changed my life when it came to money and personal improvement. Quickly I became one of the top sales representatives in my territory now making 70k a year. My old salary cooking pizzas… it was only 15k!
How I got interested in Real Estate Investing
My boss at the time told me to read "Rich Dad Poor Dad", by Robert Kiyosaki (Which I'm sure many of you here have read, and if you haven't, its a must read if you are interested in Real Estate)
So I did, and by itself, this book immediately sparked my interest in Real Estate, intriguing me to learn more, and finally help decide what direction to go in. I now had drive and enthusiasm, a place where I could apply my focus, time, and energy, and a long term goal for my future.
Because of that book, real estate has been my obsession for the past 3 years of my life. It doesn't matter who I am talking to, somehow, someway, the conversation always goes to talking about real estate.
My first deal in Real Estate
After 2 years of saving, day trading, hustling, and developing smart money habits, I saved enough for my down payment and purchased my first Real Estate investment.
The property I purchased was a duplex, my first of hopefully many multi-family properties. There was a big learning curve when going through the actual process of a Real Estate property transaction. There are many moving parts, and you definitely want to have useful resources at your side.
At the time I didn't have a lot of those resources, and that is why I decided to create this website and build a community for investors of all different experience levels to interact.
One of the challenges that I mainly faced had to do with lending. Which seems to be a big challenge for new Real Estate investors, or for those who want to jump into real estate investing with little or no money down. However, that did not stop me, and it will not stop you.
How my obsession with Real Estate Investing helped me land my next two deals
Working at a sales job you meet all types of individuals from all sorts of different backgrounds. As I stated before, I love talking about real estate, no matter who the person is, and one day it paid. Big time.
One of my new clients happened to be a well established real estate investor.
I probably spent 5x the amount of time with this client than I do my others. They saw my drive and how motivated I was to do more in real estate. So, after finishing up my transaction with my client, I anxiously asked if they would be willing to mentor me. I was not going to let this opportunity walk away from me when it was presented on a silver platter.
Glady, the investor said yes, and took me on to do my first 2 fix and flip deals. (I am still working on these today)
I gained priceless information and am continuing to learn a wealth of knowledge and tools. Some of you may say that I am only in this position because of luck, but that is not true. I am in this position because of my networking skills and drive to succeed.
Where I want to be with Real Estate
With my new found knowledge, a network of individuals, and this website I am going to be able to continue to learn. My current personal goal is to have 15,000 dollars of cash flow per month. I am not sure how long it will take, what path I will travel, or who I will do business with in my future. I am aiming for 5 years to accomplish this.
I AM STILL IN THE BEGINNING OF MY JOURNEY and CONSIDER MYSELF TO STILL BE A BEGINNER
Nothing I have done is special- just worked my tail end off, a lot of hustle, great money habits, networking, and smart investments with a must succeed drive.