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Disruptors

How I Did $700K in my First 6 Months

Disruptors

Steve Trang

Business, Investing, Careers

5741 Ratings

🗓️ 1 April 2024

⏱️ 112 minutes

🧾️ Download transcript

Summary


Michael Smith of Oasis Home Buyers reveals his strategies for achieving remarkable success in real estate. In this episode, Michael discusses how he generated an impressive $700K in revenue within his first 6 months in the industry. Michael shares his journey and the tactics that propelled him to rapid financial growth.







How I Did $700K in my First 6 Months | Video Replay









How I Did $700K in my First 6 Months



How I Did $700K in my First 6 Months



Michael Smith | Oasis Home Buyers



Michael is a full-time real estate investor who owns a 10 million dollar rental portfolio. Since being fired from his job in August of 2021 he has grown a multimillion fix&flip business and wholesale company. Michael’s goal is to help people reach their full potential in life. He and his team are working to grow their business beyond 100 million and strive to create a culture of growth, excellence, and accountability.







https://www.oasisbuys.com



Instagram: https://www.instagram.com/realestatemike02/



Youtube: https://www.youtube.com/channel/UCRYJ3Y58pIdkjFSILO1w6Uw







How I Did $700K in my First 6 Months







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Transcript

Click on a timestamp to play from that location

0:00.0

Everybody, welcome to today's episode of Real Estate Disruptors. So we have Michael Smith with

0:04.1

Oasis home buyers. Michael flew from Columbus, Ohio. Talk about how he did 700K in his first

0:10.1

six months of wholesaling and kept it going. So guys, I'm going to mention to create 100 millionaires.

0:16.5

The information on the show alone is enough to help become a millionaire in the next five

0:20.0

to seven years. If you'll take consistent action, you'll become one. And guys, if you get value out of this

0:24.1

show, please hit that subscribe button. Do not keep us a secret. That way, we can all grow together.

0:30.2

You ready? Yeah, let's go. All right. So first question is, what was your life like right before

0:35.4

you got into real estate? Oh, man. What was life like you got into real estate? Oh, man.

0:38.1

What was life like before I got into real estate?

0:41.4

My real estate journey actually started in 2018.

0:44.7

I had a landscaping business that I was trying to grow and I brought in the wrong people to manage it.

0:50.3

They had a whole bunch of experience and they had just left their old landscaping jobs.

0:54.3

And they found me. I didn't find them. Let's put it that way.

0:58.4

And so it was getting out of that endeavor and it was a whole bunch of headaches.

1:02.7

I actually had two or three lawsuits at that time too. And when you get first served with your

1:07.1

first lawsuit, I thought my life was over. Yeah. Um, like really over. Like,

1:11.9

everything was falling apart. Um, so I got it into real estate. Um, just selling off some of my

1:16.5

landscaping equipment. And, uh, my tax guy was like, hey, if you don't buy something, you're going to

1:20.9

run into some issues. So I just bought it a couple of apartments off the MLS. Didn't do anything about it. Just sat on them. Just bought a couple of apartments? Yeah, small stuff. Like nothing big. A four unit and I bought

1:31.8

10 units in 2018. Okay. Didn't do anything about them. They weren't that sexy. They didn't

1:36.1

really cash flow. Fast forward. I started a W-2 job selling new homes. I learned how to sell a little

1:42.9

bit better, make some good money.

...

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