Aug 2, 2021
Raised from the ruins to building a real estate empire! In today's episode, I have our special guest Michael Ealy and he will reveal the chapter of his life that, truth be told - he has been embarrassed about. However, he has decided to share his story to inspire and teach a lesson to all investors, especially newbie investors and that lesson is: You can turn your life around no matter how bleak it is. And real estate investing, IF done correctly - is a proven way to help you achieve your dreams.
Don't miss out and be sure to watch/listen to the full episode as Michael Ealy's answered our HOT SEAT questions directly to the point and learn actionable tips and key metrics that will help you along your journey.
๐๐๐ ๐๐๐๐๐๐๐๐๐:
06:12 Michael details on NO CREDIT and NO CASH first deal โ strategy revealed.
20:13 For Michael the more problems, the more opportunities with him โ Why?
23:05 Why getting a mentor or a coach is a must?
26:42 Michael concept about โBHAGโ Big Hairy Audacious Goal
27:27 Michael lost $ 400,000 on development and a lesson learned
32:35 A crucial mistake โ Michael lost everything: his car wash business, his rental properties, even his own home, broke and with bad credit.
36:23 The moment when Michael ended up moving to his mom and dad
38:54 How Michael picked himself back to real estate.
41:41 Michaelโs evolution into the larger multi-families.
48:09 How Michael went from the multifamilies to buying hotels.
50:40 Hot Seat Questions Round
Listen and learn so much moreโฆ.
TWEETABLE QUOTE:
Why think small when you can think BHAG (Big Hairy Audacious Goal)?
โYou'll never win if you quit.โ - Michael Ealy
โThere's a bridge out there with your dreamsโ - Michael Ealy
โI look at problems as opportunitiesโ - Michael Ealy
โThe harder you work, the luckier you getโ- Michael Ealy
โIf you want to live the
life that you want, the possibilities are out thereโ - Marcus
Maloney
Connect with Michael Ealy
WEBSITE: https://nassauinvests.com
Michael Ealy book - โFrom Broke to Millionsโ
-----
Thanks for listening to this episode! And, if you enjoyed this episode, please share it on social media using the social share buttons below, and don't forget to leave a short review on iTunes.
Also, if you want to learn more about real estate wholesaling, feel free to visit my Website and Youtube channel. If you get value from the videos and content weโre putting out, please subscribe.โ
Schedule Your 15 Minutes Free Consultation with Marcus here:
โ
โ
๐๐ซ๐๐ ๐ฆ๐ฒ ๐
๐๐๐๐๐๐๐ ๐๐๐ฌ๐จ๐ฎ๐ซ๐๐๐ฌ ๐๐จ๐ซ:
Purchase
Contract:
Assignment Agreement Link:
15 Questions to validate your seller:
๐๐จ๐ข๐ง ๐จ๐ฎ๐ซ ๐๐จ๐ง๐ฏ๐๐ซ๐ฌ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ญ:
Facebook:
Facebook group:
Twitter:
Instagram:
Linkedin: โ
โ
--โ
โ
Also, find the show on Feedspot: https://blog.feedspot.com/real_estate_podcasts
Enjoy the Real Estate Journey!