Podcast

Episode #216 – Building Your Perfect “Exit Plan” with Mike Morawski, Part 1

Novice investors love single family homes. It is an entry-level strategy for long-term wealth creation, and so easy to purchase that anyone can do it.

But what happens when the market turns?

You can be left with a property that is vacant, bearing a mortgage that you’re paying out of your own pocket.

This pain heightens when you combine this with multiple properties and find yourself paying for these properties and bankrupting your bank account.

The solution?

Investing in muli-family properties where there are economies of scale.

In this episode, Mike Morawski, a veteran multi-family investor joins us to discuss how to build a portfolio of properties that spit out cash flow in any market condition.

Listen now.

Show highlights include:

  • One key lesson learned from spending over $100k in seminars and training that will make you oodles of cash. (3:12)
  • The “What If” technique for uncertain times to avoid going into bankruptcy (4:50)
  • A 10-year framework to catch the “sweet spot” for investing in properties (5:48)
  • How you as an investor can position yourself in the dip now for the next bull run (11:25)
  • The “economies of scale” secret that keeps multifamily properties cash flow positive in any market. (12:00)
  • How you can invest in profitable multifamily properties without lifting a finger (13:39)
  • A buying strategy for acquiring lucrative apartment complexes with high cash flow (17:19)
  • The best way to earn with real estate investing (without taking any of the risks yourself) (17:50)

To connect with Mike Morawski, please visit:

mycoreintentions.com/free or connect with him at mike@mycoreintentions.com

To get the latest updates directly from Dan and discuss business with other real estate investors, join the REI marketing nerds Facebook group here: https://adwordsnerds.com/group

Need help with your online marketing? Jump on a FREE strategy session with our team. We’ll dive deep into your market and help you build a custom strategy for finding motivated seller leads online. Schedule for free here: https://adwordsnerds.com/strategy

[spp-transcript]

You May Also Like...

PPC Marketing for Real Estate Leads: Strategies for Success

In the competitive world of real estate, generating high-quality leads is essential for success. Pay-Per-Click (PPC) marketing has emerged as a powerful tool for real estate professionals looking to attract potential buyers and sellers. However, the effectiveness of PPC campaigns hinges on understanding the nuances of the market and the specific needs of potential clients.

The Journey of Account Management: Lessons in Strategic Consistency

In the world of account management, the journey is often fraught with challenges and adjustments. As professionals navigate the complexities of managing accounts, they uncover valuable lessons about the importance of strategic consistency. This blog post explores the consequences of over-management, the impact of rapid strategy changes, and the critical need for allowing time for

Get Your Free Strategy Session