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[Bonus Episode] Mike Ealy - How to Stop Being Broke: The Million-Dollar Secrets You Should Know

44:18
 
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Manage episode 305221365 series 2848637
Conteúdo fornecido por Abel Pacheco. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Abel Pacheco ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

In the early 2000s, Michael Ealy lost everything: his car wash business, rental properties, and even his own home. He had to go back and live with his parents at 30 years old while having to wake up every single day broke and with bad credit. He had no choice but to get creative and hustle hard, which made him financially independent just four years later.
Michael reveals the secrets that helped him to bounce back in life within a few years in his book, “From Broke to Millions.” Today, he owns more than 1,000 apartment units, 45 rental properties, an industrial warehouse and a hotel.

Listen to Mike and learn how to go from broke to millionaire!

[00:01 - 06:40] Opening Segment

  • I introduce and welcome Mike Ealy
  • What’s Mike doing right now in his real estate career?

[06:41 - 16:39] An Expensive Mistake That Brought Success

  • Why Mike is investing in multifamily real estate
  • How long should you hold on to your properties?
    • Michael gives his take
  • Losing $400,000 propelled him to success
    • Listen to Mike’s story

[16:40 - 26:36] Going From Broke to Millions

  • What real estate investors can learn from Michael’s experience
  • Why you should treat other people the way you want to be treated
  • Mike gives an interesting insight about retail strips

[26:37 - 36:27] Creative Ways to Earn Money

  • Mike shares his personal experience about investing in hotels
  • How to access private wealth and sovereign wealth funds
  • Mike reveals the strategies he followed to bounce back from this major life challenge

[36:28 - 44:18] Closing Segment

  • Connect with Mike
    • Links below
  • Final words from Mike and me

Tweetable Quotes:

“Always try to hold on to your assets as long as possible. That’s how you get your real wealth.” - Mike Ealy

“Treat others how you want to be treated.” - Mike Ealy


Resources mentioned:

------------------------------------------------------------------------------------------

Follow Michael on Facebook, LinkedIn and Instagram or check out Nassau Investments to start your investment journey!

GRAB a copy of Mike’s book, “From Broke to Millions!”

Guest email: mike@nassauinvest.com

Connect with me:

https://www.5tcre.com/

Facebook

LinkedIn

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> abel@5tcre.com

Support the show
  continue reading

252 episódios

Artwork
iconCompartilhar
 
Manage episode 305221365 series 2848637
Conteúdo fornecido por Abel Pacheco. Todo o conteúdo do podcast, incluindo episódios, gráficos e descrições de podcast, é carregado e fornecido diretamente por Abel Pacheco ou por seu parceiro de plataforma de podcast. Se você acredita que alguém está usando seu trabalho protegido por direitos autorais sem sua permissão, siga o processo descrito aqui https://pt.player.fm/legal.

In the early 2000s, Michael Ealy lost everything: his car wash business, rental properties, and even his own home. He had to go back and live with his parents at 30 years old while having to wake up every single day broke and with bad credit. He had no choice but to get creative and hustle hard, which made him financially independent just four years later.
Michael reveals the secrets that helped him to bounce back in life within a few years in his book, “From Broke to Millions.” Today, he owns more than 1,000 apartment units, 45 rental properties, an industrial warehouse and a hotel.

Listen to Mike and learn how to go from broke to millionaire!

[00:01 - 06:40] Opening Segment

  • I introduce and welcome Mike Ealy
  • What’s Mike doing right now in his real estate career?

[06:41 - 16:39] An Expensive Mistake That Brought Success

  • Why Mike is investing in multifamily real estate
  • How long should you hold on to your properties?
    • Michael gives his take
  • Losing $400,000 propelled him to success
    • Listen to Mike’s story

[16:40 - 26:36] Going From Broke to Millions

  • What real estate investors can learn from Michael’s experience
  • Why you should treat other people the way you want to be treated
  • Mike gives an interesting insight about retail strips

[26:37 - 36:27] Creative Ways to Earn Money

  • Mike shares his personal experience about investing in hotels
  • How to access private wealth and sovereign wealth funds
  • Mike reveals the strategies he followed to bounce back from this major life challenge

[36:28 - 44:18] Closing Segment

  • Connect with Mike
    • Links below
  • Final words from Mike and me

Tweetable Quotes:

“Always try to hold on to your assets as long as possible. That’s how you get your real wealth.” - Mike Ealy

“Treat others how you want to be treated.” - Mike Ealy


Resources mentioned:

------------------------------------------------------------------------------------------

Follow Michael on Facebook, LinkedIn and Instagram or check out Nassau Investments to start your investment journey!

GRAB a copy of Mike’s book, “From Broke to Millions!”

Guest email: mike@nassauinvest.com

Connect with me:

https://www.5tcre.com/

Facebook

LinkedIn

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> abel@5tcre.com

Support the show
  continue reading

252 episódios

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