Posts by Daray Olaleye
BTM 80: My Backstory and Before The Millions Journey
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On today’s episode, you’ll hear the amazing Before The Millions story of Daray Olaleye as he is interviewed by Chris Prefontaine. Daray talks about what sparked his initial interest in real estate and how his discontentment at his 9-5 job pushed him to find alternative options to achieve true financial freedom. You’ll learn the first steps you need to take to purchase your first real estate investment. Lastly, Daray talks about how he leveraged the power of coaching and mentorship to fast track his success in business and life.
Key Points From This Episode:
- The financial mindset of most employees vs. entrepreneurs (what can I build vs. how much can I save)
- How to leverage real estate investing from your 9-5 job and create passive cash flow income
- Why you don’t need you get a real estate license to become a real estate investor (what to do instead)
- Lessons Daray learned from raising $500K for a $42 million-dollar deal in Dallas while being unemployed
Links Mentioned in Today’s Episode
Recommended Books:
Rich Dad, Poor Dad https://amzn.to/2RLaGC7
Living With A Seal https://amzn.to/2zu3HWk
Freebie: Download any 2 audio books for free when you try audible for 30 days: https://beforethemillions.com/book
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Get Rich Slow?
BTM 79: Passive Landlording and Eviction Horrors with Stephanie Wankel
Stephanie Wankel is a Colorado native, and loves the outdoor lifestyle. Stephanie has been a real estate investor for over a decade, and continues to grow and manage her portfolio of single family home rentals, she’s done it all: property management, 1031 exchanges, evictions, turnkey, Airbnb, etc. Recently, Stephanie has gotten serious about growing faster through multifamily and has created New Heights Investment Group where they connect investors with private opportunities to participate in passive real estate investments with some of the most experienced, strategic partners in the industry. She wants to give encourage to others and believes if she can do this business while working full time and being a busy mom, that anyone can do it.
On today’s episode, we talk to Stephanie about how attitude is everything and action is the key to conquering your fears in business and life. Stephanie shares how to decide when you should start looking for a property manager vs. managing your rental properties yourself. You’ll also learn the differences between of being in a tenant-friendly state vs. landlord-friendly state. Lastly, we wrap up the episode about how you can leverage your experience as a landlord into becoming a full-time investor earning passive income.
Key Points From This Episode:
- How to prioritize your 9-5 while becoming being a real estate investor (the #1 thing you must do)
- Landlord 101: How to handle convictions, tenants, financial, legal matters and more
- How Stephanie transitioned from being a fatigue landlord to owning multifamily rentals around the country
- Why finding fatigue landlords can be a great way to get started in real estate
Links Mentioned in Today’s Episode
Stephanie’s Website: www.newheightsinvestmentgroup.com/
Stephanie’s Favorite Book: The Miracle Morning https://amzn.to/2yGw8kB
Stephanie’s Favorite Lifestyle App: Way of Life is your assistant to break a bad habit or build a good ones with spending less than a minute daily. https://wayoflifeapp.com/
Freebie: Download any 2 audio books for free when you try audible for 30 days: https://beforethemillions.com/book
Access The Best Strategies, Tips & Advice !
Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.
Sign up to join our community
BTM 78: How To Scale Without Losing Your Mind with Tim Bratz
Tim Bratz is the CEO and founder of CLE Turnkey Real Estate, a real estate investment company that acquires and transforms distressed commercial and apartment buildings into high-performance investment assets. Tim began his real estate career in 2007 as a commercial broker in the competitive NYC real estate market, where he saw the true potential of real estate to transform lives. Working in real estate, Tim has learned how to build a passive business and create a residual income that allows him to live the lifestyle of his choice.
On today’s episode, we talk to Tim Bratz about how you can build a business around your ideal lifestyle. Tim breakdowns how he went from being a real estate broker to owning a 300+ real estate portfolio in Ohio, SC, GA, FL, and TX. You’ll learn why you should focus your energy on the faithful vs. fearful “what-ifs” when investing in real estate. Lastly, we discuss how you can build up your track record as an investor quickly and the 2 things you need when raising private capital for real estate investments.
Key Points From This Episode:
- The story of how Tim used a $15K credit card to buy his first house at 23 years old
- Tim’s journey from flipping houses to owning a $90 Million real estate portfolio by the age of 33
- How you can leverage real estate to develop passive & residual income that allows you to do what you want, when you want, wherever you want
- Why you don’t need 100% ownership on big deals and how to leverage other people’s time & money to scale your investing efforts
Links Mentioned in Today’s Episode
Tim’s Website: https://cleturnkey.com/
About Tim Bratz: https://invite.commercialempire.com/millions
Tim’s Favorite Book: 12 Pillars by Jim Rohn https://amzn.to/2R7OqBP
Tim’s Favorite Lifestyle App: VRBO is the easiest way to plan, search, and book your next trip. https://www.vrbo.com/mobile
Freebie: Download any 2 audio books for free when you try audible for 30 days: https://beforethemillions.com/book
Access The Best Strategies, Tips & Advice !
Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.
Sign up to join our community
BTM 77: How To Create Your Personally Tailored Business Strategy With Mitch Stephen
Mitch Stephen has been a self-employed RE investor for 20+ years. His real estate investing career started at the age of 23 when he read “Nothing Down” by Robert Allen. Mitch’s company, Independence Day, Inc., has bought and sold over 1,500 properties in and about San Antonio, Tx since 1996. Mitch has recently been named one of the Top 9 RE Investors to follow on Twitter. Mitch’s personal expertise includes; Raising Private Money, Finding Bargain Properties, Negotiating Favorable Terms, Dealing with Renovations and Contractors, Selling Houses & Notes with little to NO Discount, and helping others deal with the everyday throws of life in business.
On today’s episode, Mitch talks with us about how he earned a first-class degree in entrepreneurship from the streets and why it’s important to understand the difference between working on vs. working in your business. Mitch shares his story of becoming an accidental real estate investor after buying his first condo purchase and how he ended up getting paid to live for free. You’ll learn what owner financing is and the # 1 difference between making a good living vs. earning millions in passive income.
Key Points From This Episode:
- How you can make offers on real estate deals by becoming a professional deal finder
- Why Investing in Mentoring Can Propel Your Real Estate Investments
- How Mitch brought 62 houses (profited $500K down payments) and created a cash-flow of $32K/month
- The story of Mitch paying his wife 1-year salary ($36K) in 1 month and got her to quit her 9-5
- Why being a wholesale/flipper will not get you long-term wealth for you and your family (what to do instead)
Links Mentioned in Today’s Episode
Mitch’s Website: http://1000houses.com/
Mitch’s Favorite Books:
Forever Cash https://amzn.to/2CRrJPk
Doing Business with GOD: https://amzn.to/2Erawhg
Think and Grow Rich https://amzn.to/2CLzRkp
Nothing Down https://amzn.to/2NIi7HF
Self-made in America https://amzn.to/2NJRaDB
Freebie: Download any 2 audio books for free when you try audible for 30 days: https://beforethemillions.com/book
Access The Best Strategies, Tips & Advice !
Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.