Posts by Daray Olaleye
BTM163: Wealth & Freedom Investing in Mobile Home Parks with Andrew Keel
Andrew Keel currently manages 21 manufactured housing communities across nine states. His expertise lies in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs.
On today’s episode Andrew and I discuss the key differences between investing in manufactured homes and the parks that they occupy. With time, Andrew became skilled as an investor and realized that he could switch his model of earning income to one that better suited his desired lifestyle — This wasn’t before tons of trial and error, most notably 18 months of prospecting with zero deals done. We’ll have a discussion on the mindset it takes to overcome such hurdles and how he’s taking that mindset to the next Ironman competition.
Key Points From This Episode:
- Going bigger, faster to get to your goals
- How Andrew preserved through 18 months with 0 deals
- The similarities between Ironman competitions and the real estate business
- The difference between mobile homes and mobile home parks
- How to create a “forever cash” machine
- Why it’s important to stay as lean as possible for as long as possible
Links Mentioned in Today’s Episode:
Recommended Book:
Deals on Wheels by Lonnie Scruggs
Listen to this books for free with Audible!
Lifestyle Design App:
BTM162: Black Lives Matter & Chaos Theory
Every single one of us can affect change beyond imagination.
Have you heard of the “butterfly effect” where the simple flap of a butterfly’s wings can set of a string of escalating events that can lead to the formation of a hurricane? It’s a powerful and truthful illustration that depicts just how powerful your actions are – conscious or unconscious.
May this episode serve as a resource we strive for justice and freedom for all.
Links Mentioned in Today’s Episode:
The Browder Files: 22 Essays on the African American Experience
So you Want to Talk About Race by Ijeoma Oluo
Superforecasting: The Art and Science of Prediction
BTM161: Are You a Cooler, Closer, or Cleaner? (Becoming Relentless) with Logan Freeman
He completing over 120 transactions in less than a year. Logan Freeman, today’s guest, found a process and relies on his most valuable priorities to guide his profit-producing activities. As quoted by Logan himself, “Knowledge alone is not power, it is potential power. Knowledge + massive strategic action = power”.
On today’s episode we discuss the difference between those who have the knowledge but take no action and those who have the knowledge and take massive action and those who have the knowledge, are relentless and are absolute in victory. Tim Grover, Michael Jordan’s trainer, call these people “cleaners”. Logan and Daray will show you exactly how to foster the cleaner mentality within you.
Key Points From This Episode:
- How Logan completed over 120 transactions in one year
- Life after the NFL player with the Oakland Raiders
- Distinguishing between Coolers, Closers and Cleaners
- The benefits of extreme ownership
- How strengthsfinder can help you discover your top 5 talents
- How Logan completed 9 syndications raising over $15 Million dollars
- How to take rejection from a cold lead
- If Logan had to start over with no money or connections, what he would do to get back to a certain level of success
Links Mentioned in Today’s Episode:
Recommended Book:
Awaken the Giant With by Tony Robbins
Listen to this books for free with Audible!
Lifestyle Design App:
BTM160: 5 Most Profitable Mobile Home Investing Strategies with Jay and Samera Harvey
Jay and Samera started their mobile home investing journey in 2017 after losing over $90,000 in unsuccessful real estate deals. In 3 short years, they have completed over 400 mobile home transactions and perfected the process of creating quick cash and cash flow using basic real estate strategies in mobile homes parks.
On today’s episode, we walk through their journey, how they found their niche and how they built a business as a couple that creates their lifestyle design.
Key Points From This Episode:
- How Jay and Samera’s first mentor scammed them out of $30,000
- The starts and failures of so many business before Jay and Samera find Mobile Home Investing
- The path to over 400 successful transactions with trailer homes
- The 5 main strategies for profiting with mobile homes
- Top benefits of mobile home investing in parks
Links Mentioned in Today’s Episode:
Recommended Book:
4 Hour Work Week by Tim Ferriss
High Performance Habits by Brendon Burchard
Listen to these books for free with Audible!
Lifestyle Design App:
BTM159: Vertical Integration? How To Grow Your Real Estate Business Profitably with Colin Douthit
Currently managing over 300 units after only being in real estate for three years, it’s clear that Colin Douthit, today’s guest, knows how to invest and how to do it well.
He realized early on that he needed to be far more profitable to create the life he wanted so he took a hard look at his business and portfolio to understand what was working and what wasn’t in hopes that he could do more of the former.
The end result came in the form of a brand new business. Since Colin had managed his own units efficiently in the prior months, he had the expertise and manpower to vertically integrate his business – coming out on the other end with two businesses.
Colin has a construction company that followed the same model and is constantly looking for ways to become more profitable by systematically building a network of businesses that compliment each other. In today’s episode, we discuss exactly how this can translate to your endeavors.
Links Mentioned in Today’s Episode:
Recommended Book:
Atlas Shrugged by Ayn Rand
Listen to this books for free with Audible!
Lifestyle Design App: