Posts by Daray Olaleye
BTM153: Millennial Immigrants Build $57 Million Portfolio in 24 Months with Philip Michael
Philip, today’s guest, moved to the US in 2014 and started investing in real estate in 2016. As a writer, he leveraged his his skills to win writing competitions for ends meat and eventually landed on SiriusXM radio and Tv since he couldn’t yet work legally in the U.S.
Fast forward a couple months and along with his nephew/co-founder FC Barcelona star Martin Braithwaite, Philip built a $57M+ real estate portfolio in less than 2 years – including one of a few NYC high rises owned by “Millenials of Color”.
On today’s episode we discuss Philips journey to success and the wisdom he’s gleamed along the way.
Links Mentioned in Today’s Episode:
Recommended Book:
Think and Grow Rich
Listen to these books for free with Audible!
Lifestyle Design App:
BTM151: Real Estate Investing In A Crisis (The Coronavirus Episode) with Neal Bawa
COVID-19 is the biggest news headline since 9/11. This virus has had and will continue to have massive effects on international markets for years to come.
In the meantime, what are real estate investors doing about their property? What are newbie investors doing about getting started? What are home buyers and sellers doing during this time of uncertainty? Is now the perfect time to buy real estate or is it time to hold out?
Today’s guest, Neal Bawa is a technologist who is universally known in real estate circles as the Mad Scientist of Multifamily. Besides being one of the most in-demand speakers in commercial real estate, Neal is a data guru, process freak and outsourcing expert. Neal treats his $250+ million-dollar portfolio as an ongoing experiment in efficiency and optimization.
On today’s show, Daray and Neal discuss the effects of the coronavirus in the 2020 real estate market. You’ll learn if and when to jump in and you’ll also understand the real effects, backed by data, of the different real estate asset classes as a whole.
Key Points From This Episode:
- How to use public city data to select your real estate investing market
- Bold prediction: Lower real estate prices for the next 1 to 2 quarters.
- Bold prediction: Buy Strip Malls for 50-60% off
- Neal prediction on the healthcare industry boom in the next 10 years (i.e medical office REITs)
- Worldwide forgiveness of all debt coming soon? (Debt Jubilee)
Links Mentioned in Today’s Episode:
Recommended Book:
Miracle Morning with Hal Elrod
Listen to this books for free with Audible!
Lifestyle Design App:
BTM150: Marriage & Real Estate From The Ground Up with Kevan and Ayesha Shelton
Kevan and Ayesha Shelton are real estate investors and educators who focus on ground up development properties.
Their businesses consist of Park Street Development, a residential and commercial construction company, K&A Consulting, an education, and training organization, Icon Short-term rentals and The Marriage and Real Estate Podcast.
On today’s show we discuss the dynamics of the entrepreneurial couple with business and personal life. We also discuss developmental real estate, who it’s for and how a typical transaction looks.
Lastly we take a look at the type of goals that are fueling Kevan and Ayesha and why it’s important to pivot your real estate strategy to match.
Key Points From This Episode:
- Why your financial advisor sucks
- How you should look at your rate of return
- Why the 401K match is not as impactful as you think
- How to pay down debt and invest at the same time
Links Mentioned in Today’s Episode:
Recommended Book:
The E-Myth by Michael Gerber
Outwitting The Devil by Napoleon Hill
Listen to these books for free with Audible!
Lifestyle Design App:
BTM149: Money Advice They Don’t Want You To Know with Chris Miles
Chris Miles, today’s guest, is a leading authority on quickly creating wealth by increasing monthly cash flow and creating passive income.
He has shown hundreds of thousands internationally how to free up or generate tens of thousands of dollars each year! Chris has been featured in US News, CNN Money, and Bankrate.com.
On today’s show Chris and I discuss popular money myths plaguing today’s world and exactly how to make sure you don’t fall victim to these traps.
Key Points From This Episode:
- Why your financial advisor sucks
- How you should look at your rate of return
- Why the 401K match is not as impactful as you think
- How to pay down debt and invest at the same time
Links Mentioned in Today’s Episode:
Recommended Book:
The Bible
Lifestyle Design App:
BTM148: The Screening Process for Profitable Tenant Buyer Strategies with Paul Ritter
