5 • 741 Ratings
🗓️ 1 April 2024
⏱️ 112 minutes
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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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