How I went from zero to 28 year old property millionaire | Dan Buchan | TEDxUniversityofYork
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- Опубліковано 28 лип 2020
- Dan has been in business for several years, setting up his first company when he was 18 years old and investing in his first property at just 19. Over the last 10 years Dan has grown his property investment company, building a portfolio of £1.1 million by the time he turned 25. With his unique insight, Dan discusses why he believes that property investment can save your life. Dan Buchan - Dan has been in business for several years, setting up his first company when he was 18 years old, and investing in his first property at just 19.
Over the last 10 years, Dan has grown his property investment company: Aspire Property Group, to include a bespoke property sourcing service for Yorkshire portfolio building, one of the largest deal packaging companies in the UK, a refurbishment and flip company, and a portfolio of £1.1 million by the time he turned 25.
Aspire Property Group is a 2x finalist in the UK Property Awards, and has gone from strength to strength, now having helped 1000's of investors from the UK and abroad grow their investment streams and build their portfolios. Dan has gone on to mentor and speak at events across the UK to assist business entrepreneurs to build up their property businesses with the aim to show how it is possible to go from a full time career to financial freedom where you have the ability to work where you want, when you want. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx
"I realised working for other people wasn't working for me"
Wow
Wgat's your age?
Starting early is the best way of getting ahead to build wealth, you just need someone who knows their stuff and of course has the heart of a teacher to help you become successful in whatsoever investment you decide to venture into.
Yes that's right. I think the best approach is to invest with an expert, at least it saves the relief of too much losses
Investing might be a good idea but if one invests wrongly then they'll have a lot of years filled with regrets
What matters is getting yourself a good investment company that knows how to make profits
@@alejoatse79 I think the key thing here is working with a professional. Yes people have devoted their lives to making profits in the market, but those of us who haven't but are interested in investing can simply work with them.
@@martinezjessica3555 Alright, so you know anyone?
I don’t need motivation, I need information
There is too much information in this day and age... even blind people can see that. I'm not sure what type of information you require .... maybe you're trying to invest in life on Mars? Lol I joke... stop finding reasons and just do what it is that has sparked an interest... no reasons no excuses. Just do it..
@@marcus-johannesvermin5202 to much information and not enough knowledge
apparently you need some motivation to find information
Maybe you want the right information otherwise motivation is just another way to solace it might help you start never take you anywhere
Motivation is more powerful then information'
I really enjoyed this Ted talk, I liked how you described you journey from leaving school to making the decision to get where you are today. All very inspiring, thanks for sharing.
This is genius! Great ted talk Dan! Loved some of the stats behind the property sector. Can’t wait to expand the portfolio further and provide great homes for our tenants!
To make money from cryptocurrency Investment one must be guided.
Invest with Rutherfordwilliams company and their proffesional traders trades for you and you get to pay them only 20% of the profits they make for you
Too many people complaining about "he didn't give me the step by step to become a millionaire"...the one thing I've realized about real estate being in it for a few years is 1. There are multiple ways for the average joe to become a millionaire, not a one size fits all type of thing 2. No one is going to show you every little thing they did, its more about taking little golden nuggets from guys like this and going out there and figuring it out for yourself through trial and error.
To make money from cryptocurrency Investment one must be guided.
Invest with Rutherfordwilliams company and their proffesional traders trades for you and you get to pay them only 20% of the profits they make for you
He's also being dishonest about risk and likely losses or debt that he had.
Tbh mate, there's not one size fits all and then there's providing no shoe what so ever
A lot of talking about experience Olof wanting to be rich but no actual guide or example of what he did to actually start his career in property - the first steps, what contracts he used, how he found his first property, what it was like getting people to trust him. Unless I missed it.
Do your own research, a stranger will not give you everything you want in a silver plate, great success!
It is supposed to be motivational not instructional. He just showed himself as a case study. Now it's for you to figure out your own path.
Exactly what I was thinking
@@faridrottigni i love you,have a blessed day
He basically just stole everything he said from Robert kiyosaki anyways
"if we do what we've always done, we'd have what we always had."
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Henry Ford. That’s who said that quote. If anyone’s going to quote anyone, it’s only right to at least reference whom you’re quoting :/
@@jordanmac4177sorry I didn't notice that, I was just too impressed by the idea.
@@exchangeofwisdom8475 oh I wasn’t having a go at you, sorry. It was more so the speaker that I was a little shocked with. I’ve always felt that credit should be given where due. Otherwise, great video and really informative!
Gave me a new perspective on property investment. Never looked at it in the way he did.
4% Capital growth per year on original purchase price of the property doesn't sound correct (in the UK market) what was his source for that?
Inspiring many Dan and hopefully made people think more about the future and their finances.
In USA, you can also utilize depreciation of the cost of the asset over 27.5 years against your rental/other businesses's income, to pay 0% taxes federally on such incomes annually.
Yup but you’ll pay more taxes when you sell , same thing in Canada.
Very smart guy. I approve this message 😁👍
Good talk Dan!
Aiding myself to get in touch with my future life, it seems not easy as I thought. But I choose to believe my hope.
It takes a feather to steamroll an avalanche. Luckily you have some time between now and the future, start making those tiny steps now, that in the future will become an avalanche of prosperity. Good luck my friend, I choose to believe in you.
Love this!
The "money like sand slipping through the fingers" analogy is worth exploring for the difference between those who end up reasonable well off, and those who end up as (roughly) "working poor".
Getting past the 'money burns a hole in your pocket' is key.
Loved it!
Wow, so inspiring! Love this.
I'm not offering you millions,but I will teach you how to earn £20,000 in 24 hours with your smartphone,Ask me how??
If you’re going to buy stock I’d advice only buying index funds like the S&P 500.
trick to becoming a millionaire: work for yourself from age 18
Or sooner
Im 19😁
@cj elizon there's an audio here on richest man in babylon book by G. Carson also think and grow rich by Napoleon Hill. Assuming u haven't already read them lol that is... the fact you're here.... means u already on ur way.
Seems like a bit more self promotion/“I sell a property course” than anything to me.
I'm 50 and my husband 54 we're both retired with over $3 million in net worth and no debt's. Currently living smart and frugal with our money. Saving and investing life style in the stock market made it possible for us this early even till now we earn weekly. Thanks to fire movement.
Great job with your husband! I bet you are living your best life right now.
@Jeo williams Fire means Financial Independence Retire Early.
It's been a movement teaching people financial independence and how to and how to retire debt free through solid investment and frugal lifestyle.
@@jamescollins9901 Some tips please so others can actually learn. You haven't still share any idea on how you earn weekly!
@@georgeesparza5140 I can share some that helped me.
1: plan towards it.
2: be frugal and minimal on spending.
3: spend your money on Investment.
4: choose your trade analys wisely.
5: Invest with a professional trader like Mr. Terrence Rodgers my trade analys.
@@jamescollins9901 Speaking of Investment how can I start a profitable one?
Many people need your seminar.
Because many want to get rich
by relying to claim money
or suing people. Maybe they can’t
think of any business on how
to make money.
Real advice for real 💰
Nice talk! I didn't start from 0 but a recent investment also changed my own life very recently with just a little dedication and patience. Who can guess what this was?
Has to be stockks. It has been so wonderful and fulfilling after I met a popular pro from a reputable firm earlier this year. Retiring by next year with no fear whatsoever.
@@kaitlinmel4316 This right here is really impressive. Have tried doing that on my own for sometime now without luck. Getting fed up by the day. Suggestions? Do talk to me thanks
@@katrinaotto7545 Can't really go into it as I would like to, but you could make a little research on "Sandra Yvonne Webster" she was in the news when she rejuvenated Maning and Napier. and is a genius in the game
@Nim Hermann Who else came here to look for the almighty number 3??
@@kaitlinmel4316 2nd time hearing about this lady who bears the same name as me in a week. My colleague said she did majic with her dough within a year.
Talking to you all who feel like you can't change your life around...I was like that for a long time, but I succeeded in changing my life by 180 degrees and now I am a 100% happier person than I was before. The one thing that really helped me was Forwago because it made me change the way I think and look at everything.
I tried everything and Forwago was the ONE. Trust me do this everyday and you'll see crazy results its insane lollll
The key thing to remember when defining hard assets (property in particular) is that what defines it is a LIMITED supply, we cannot create more natural gold on this earth, we cannot create more space on this earth, we cannot add more time to our lives.
The assets are limited, and thus their value is FIXED. Investing into hard assets is low risk, but also low reward in the short-term. The most successful players in the fixed assets game will have a detailed long-term plan of where and when they want to be throughout the span of their investment timeframe. When it comes to hard assets, patience is the greatest virtue, and if you are patient, you will often reap the greatest rewards.
Skip to @13:58 where he gives you "advice"... But be warned.. . One of it is to Invest using friends and family's money.
That's the quality of this talk
How this kid managed to end up doing a Ted Talk will remain a mystery to me.
Already knew that but could have spoken about exactly how he done it any tips etc and borrowing money the best ways to do it
You canake money from trading
To make money from cryptocurrency Investment one must be guided.
Invest with Rutherfordwilliams company and their proffesional traders trades for you and you get to pay them only 20% of the profits they make for you
This will go viral
8:55AM
Everyone wants to be rich or become a millionaire without realizing one key factor, HARD WORK! The most important factor is hard work, dedication, taking risk and at times losing.
To make money from cryptocurrency Investment one must be guided.
Invest with Rutherfordwilliams company and their proffesional traders trades for you and you get to pay them only 20% of the profits they make for you..
I think you’re missing the other key factor, numbers.
Not everyone can be a millionaire property owner, we still need people cutting grass, cutting hair, cleaning up floors, and serving us food.
So how about we just pay people a living wage, instead of pretending we’re the next millionaire.
Interested to see his thoughts after the U.K. put a stop to it with section 24? Mortgage interest is no longer an expense
Compound interest on property? Or did I hear wrong?
Some people purchased a house for $100,000 in Southern California 30 years ago. Today it’s worth 1.5 million or $2 million. But they aren’t going to move. And they might not have saved much else. Of course net worth is everything you own minus everything you owe. However, another number that might be even more important is your net worth not counting your residence. It’s more important to look at your debt, your income, and your expenses. Can you live on your investments?
There is no clarity on how he did it and simple story
Real estate is a very powerful tool if leveraged correctly. Debt will make you rich if you buy rentals at a great price.
does he mean zero dollars or age zero?
It's good to invest
Yes
Nice said.
Very well presented. Calm, cool and collected. Interesting, thought provoking material that makes you question the status quo and your role in it. Very fortuitous as well, as I've been considering this only recently. Kudos!
What’s his books name guys
am a very low earn and I don't know where to begin yet I would to learn how to invite in right away
I was a landlord at the age of 18 trust me it’s not that easy not all tennants want to pay you so you really can’t give concrete figures good talk tho cheers
Yes and when something breaks it's at your expense
Exactly. There’s s lot of care taking that comes along with real estate. A lot to be gained and lost. Even more so than stocks
The key is be super selective of which tenants you have 😅 it’s the same with employing staff or deciding which clients to take on in business! My rule is NO JERKS ALLOWED. Works well!
@@G.Family. yes your right but I have even gone through estate agents in the past and the people that you think are good tenants actually want everything done straight away they called estate agents out of hours they charged £145 to tighten one but under sink haha so Yh eats away your cash plus when it’s pay day suprise suprise the tenants got another problem lol
@@jazzytube2617 fair enough. I can’t say that I have a huge amount of experience with managing agents. I rent rooms out and I know with rooms you have to be super selective and even then you go through a couple of rough tenants before you find the good one.
I’m working on scaling up my property maintenance/external cleaning business. I’m learning the hard way through necessary experience how to recruit, manage & train staff 🤯🤣 all good fun
What do you do?
Do you have any clients in India?
another day, another guru. I remember seeing Tai Lopez giving a Ted talk before
Thanks for your feedback,, for more information,, I can link you up to new
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Property might work in the UK, but in the US, post-Covid-19, landlords haven't gotten any rent from renters who claim financial distress for the past year and a half. Small mom and pop landlords renting out that extra floor or basement are really suffering in the US.
Also I see from the presentation UK pensions are low. Social security payments in the US for retirees are still generous- perhaps overly generous to the point the whole system could go bankrupt soon without major revisions.
1 word TIMING
If anyone is as successful as this guy and wants to help someone who is genuine and loyal, I will follow your advice and with my profits I will fly to wherever you live and take our families on a wonderful vacation every year!
Prove it
Ty
I'm still asking money from dad at 16 and never failed for that 😄 BTW, sterling pound is the king of all currency especially against mine so expensive
Ahh yes just what we need more property investors
Thanks for your feedback,, for more information,, I can link you up to new
W,,,,H,,,,A,,,,,T,,,,S,,,,A,,,,,P,,,,,P,,,
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Did he said odisha ?
Jamie York! Go check out his property investing videos for any UK based people looking to get into property.
I have a property to sell in Dubai (offplan project) am in need of a buyer.
Thanks
I like the presentation but it ignores a lot of important factors. Most people think of investing in property as buying their first house. Forgetting the huge level of personal debt they acquire, forgetting that real returns are net of inflation which massively adjusts those £1k to £200k figures.
Overall it's a good presentation, but misrepresents figures and needs to be more specific to investment property and not personal home ownership in my opinion.
Fellow previous student at York, wishing you well!
It's almost as if you have no business training at all; I don't know what this is supposed to be.
🔥🔥🔥🔥🔥🔥🔥
wow...this guy litterally came up here an said Nothing.......
*Like many Tedx Talks dealing with $$$, this seemed more like a teaser for buying the speaker's products/seminar.*
I have heard alot about forex and bitcoin watched multiple video but always get confused 😕
it's strange how people talk about all the profits, they've been making through trading of bitcoin, Please can Someoneput me through on the right path.
@@johnmeade8080 i want to start too but i don't know how.
Imagine a planet full of millionaires!🌑🌕👽🤖👏🏻
I am going to turn 28 yo in the next couple months and i am just laying on bed doing nothing :'(
Good, you’ve established your first step then. You literally just have to get out of bed and do SOMETHING.
If you haven’t started yet you most likely NEVER will. That’s just you though, never me.
@@MrLuckymimi that’s not true at all
@@MrLuckymimi I hope you never go on to teach. That's the sort of toxic put down that makes people hate people like you or causes them to rebel against any form of authority. Good Job Cartier!
guys c'mon cut the dude a slack (@sircartier) he has a time machine in his garage
Simple answer - DEBT. LOTS OF DEBT
*I'm 51 years old with no retirement plan yet,any suggestions on accumulating a million dollar portfolio within 12-18 months? I have currently saved a capital of $100k*
Denzel Washington once said *"TO get what you never had before you have to do what you never did before"*
In times like this,the best thing any American can do for him or herself is to have another source of income apart from his or her salary,invest wisely people!
Starting early is the best way of getting ahead to build wealth,investing remains the priority. Forex trading has plenty of opportunities to earn a decent payout,with the right skills and proper understanding of how the market works
@@changchangjuju4281 I totally agree with you,Forex trading is the most profitable venture I ever invested in,I reached my goal of $500k yearly trade earnings, setting realistic goals is an essential part of trading
But successful people don't become that way over night,what most people see is a glance wealth,a great career,purpose is the result of hard work and hustle over time
i believe i can doing this too
You forgot dividend growth with stocks! And buybacks.
„The best money can't buy“! For everyone! :
'Resource Based Economy' (RBE)!
Please learn more about RBE.
Thanks ❤️🗺️🖖🐇👽
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Karen Charles
@Batari Kurnia You don't need to be shock because I'm also a huge beneficiary of expert Mrs Karen
Here in Canada Expert Mrs Karen Charles carries out the both orientation and mentorship
potentials
I stumbled upon one of her clients testimonies and decided to try her out...I'm Expecting my third cashout in 2days
@11:58 he said 4 trillion and 6 trillion but on the slide it's written bn..
1000 billion=1 trillion
@@karampreetghuman5190 yes, but why not make it simpler by following what he wrote above using trillion
Let me save you 16 mins of your life and tell you he literally throws some useless google facts and figures at you without dropping any game whatsoever!
Maybe, but if you are already knowledgeable in investment instruments, what he's talking about sounds a lot like REITs. Obviously he is saying to take out loan (leverage) to buy property and collect rent, do it again and again and you are wealthy. Except it's that easy and he quotes a well known scammer. So you won't be rich while you are 28, rents don't grow exactly liek inflation and you can't always rent out properties as often as you would like. There's also a risk, that you won't make enough and in economic turmoil, you will go into massive debt with no way to repay it. Also his story of getting 10k pounds quickly in stock market is purely luck and he either was very lucky or he isn't saying how much he lost or some volatility that he had to endure. Still that sounds way too quick to make 10k pounds from stocks alone, which sounded like less than year. He likely made most of that money + got lucky with stock picks. Obviously buying Merc most likely wiped out all he had made and he needed to start over. You can become rich as fast as he says, but it's simply very risky and likely that 1 mil is just income without deducting all those debts (leverage) that he has.
Thank you
Thank you
Thank you
Thank you
Here’s the elephant in the room.
Not everyone can be a millionaire, property owner. We still need janitors, burger flippers, hair stylists, and people cutting our grass.
If you work 40 hours a week, you should be able to afford a decent living space. Full stop
lol hahahahaa.... true... but i also guess we are all here because we had an interest in property,, maybe we are the millionares in property... what do you think? :)
@@thabodennis A wise man speech 👍
@@jamescollins9901 lol
Real estate allows people financial freedom you just need the right vehicle to get you there!
Anyone needing help please reach out to me I’m here to help
"I started with nothing. My mom was an accountant. My dad, a business auditor." Nah buddy, you didn't start with nothing.
Investing a small amount of spare cash into bitcoin is a no brainer, just hold for 5 plus years and happy days
interest rates are record low? wtf? this video is from 1990 or before?
He is beating around the bush, it is a waste of time.
He looks like James McAvoy
nice
Where do electromagnets work in your home?
This book will show you how to find out.
pg 5
HE does not discuss risk. You buy property but cannot rent property, Neighborhood declines, property worth less or you overpay at the beginning.
28 years old and I just bought my second income property. Also diversified in stocks, ETFs, cryptocurrency. Diversify, diversify, diversify.
Get hyper focused on Bitcoin and drop them other 'cryprocurrencies'. Source- I once had 73 different cryptos, now I only own Bitcoin.
You may have to suffer massive losses yourself to understand this, but here's a friendly heads up that Bitcoin is the network that wins in the 'crypto' space
@@jefflundeen9673 bitcoin and ethereum is the answer.
0:35
The title should be "Buy my real estate course" or "Why I went from zero to 28 y.o. property millionaire". He does not tell you HOW he did it but instead explains WHY real estate.
The "how" Is saved for the seminar .Get your tickets now😅
@@donypasaribu348 The how is get a mortgage on a house with the highest rent to price ratio you can find, then rent it out.
@@Heligoland360 so the idea is the property pays for itself?Have you ever found one?
You've said a lot and you've said nothing.
I trade features on a better exchange with lesser fees, i am glad to say i was able to do that with the help of Mrs Mason . She is so kind
I really don’t understand how all this work but I invested with Mrs Olivia Mason, a top notched forex trader that gives me profits every week or should I call it 7 days
Mrs Mason continues to be an inspiration to all new bees and those who have been fortunate to have made use of her signals.
Hello,How can I get in contact with Mrs Mason?I learnt her trading strategies are superb
I never doubted trading with Mrs Mason after seeing her POT (Proof of Trades) I have made good profit this year, I hope to make much more in future.
@@sarahhillary4683 You can reach her on tele gram
He mined Bitcoin and invested ,,,i.e ..the secret of his success
Mrs Philips is legit and her method works like magic I keep on earning every single week with her new strategy
I also trade with her, and earn $2,600 every week. All my family have been trading with her and making profits
Please how do I start with Mrs Philips??
I'm from Germany I used to take loan from the bank for surviver but after trading with expert Mrs Philips she changed my financial status for real🇩🇪
A friend that I referred to her just received $7,050 profit after 10 days of investing....I became jealous.. lol
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
So all I have to do is get lucky in stocks then buy my first house? Got it. waste of time video telling us all what we already know
I kind of wish I was the only one to see this 😄
I must admit that this is a great video but know Crypto-currency trading is very volatile one as such is too risky for bigginers without basic knowledge to make good fortune out of it, I suggest you invest with a reputable broker and enjoy your returns.
@Maimunah Khalid you're right ma'am
but don't know why people still remains poor out of ignorance.
@@simongauthier6292 is not about ignorance but
unprofessional broker in the market.
I will introduce you to my broker Mrs Tiffany Morris she is from US and her method working for me the moment.
wow I'm just shock someone
mentioned and recommended expert Mrs .Tiffany..fx..Morris.
That was incredibly boring and un-engaging, no disrespect to the speaker but liven it up a little
*Searches for commercial real estate finance on UA-cam*
Oh look, it's about making millions on real estate in New York.
*Starts watching video*
Wait, there's an Old York?
well, half of the video about nothing
Wow...Not a single word on how he actually did it....What a waste of time..
This is great
There needs to be more Ted talks that encourage financial freedom and not shame people for pursuing it.
Capitalism: good
Socialism/Communism: bad
Edit: thank you for the likes.
Also for anyone whose looking at this and are living in a country that suppresses private property rights due to a communist/socialist agenda, I hope you start a revolution and get your freedoms back that your leaders fail miserably to recognize.
The only people this Ted talk is good for is people who literally had no idea property was even a thing. If anyone even so much has an awareness that you can make money in property, then you will learn nothing else here other than some vague reference to the fact he sells courses.
Pass.
Blah blah blah!
Work hard, and good things will happen 👍
Being a millionaire is not really a big deal.
Being a billionaire is a big deal.
Being a multi-millionaire is ideal.
Buy a small part of bitcoin now, you have bought your pension. Bitcoin will change your life.