BROADCASTS.com

b"Currently CEO of TF Management Group LLC, Mike has been a real estate fund manager since 2009. Mike is a retired software executive who began investing in real estate in 2000. Today, Mike manages a variety of funds, including the Tempo Growth Fund LLC and the Tempo Opportunity Fund LLC. Mike is known in real estate circles as \\u201cBig Mike\\u201d due to his stature, but more importantly, he is known for his personal integrity and for having a keen understanding of the financial aspects of successful real estate investing. Notably, Mike is a former political refugee from the USSR who is now an American citizen and a patriot. He lives in Brooklyn, NY, with his wife and four children.\\xa0 Mike is the author of the book \\u201cHow to Choose a Smart Real Estate Investment Fund and Host of the Big Mike Fund Podcast.\\xa0\\n\\xa0\\n[00:01 - 05:51] Opening Segment\\nComing from Russia with love\\nMike shares about his life and how he found himself in real estate\\nThe effect of the pandemic on Mike\\u2019s real estate career\\n\\xa0\\n[05:52 - 09:55] Office and Hotel Conversions: A Rising Trend\\nMike shares how he started converting offices and hotels to multifamily\\nA Pre-COVID Investment\\nThe Best Offices and Hotels to Convert\\nWhy Location is a Key\\n\\xa0\\n[09:56 - 28:22] Profit by Converting Offices & Hotels to Multifamily\\nAll about converting and renovating offices and hotels\\nWhy Affordability is a Big Deal\\nThe Right Market for the Converted Projects\\nThe Process of Evaluating Deals and Sponsors\\nMike talks about negotiating better terms and diversification\\n\\xa0\\n[28:23 - 41:40] Closing Segment\\nQuick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.\\n\\nWhat is the best investment you've ever made other than your education?Potforms\\xa0\\n\\nMike\\u2019s worst investmentA loan for a fix-and-flip in California\\n\\nWhat is the most important lesson that you've learned in business and investing?\\u201cInvest with people you know and trust.\\u201d\\n\\nConnect with my guest. See the links below.\\n\\xa0\\nTweetable Quotes:\\n\\u201cAffordability is a big deal.\\u201d - Mike Zlotnik\\n\\u201cDiversification is for those who would want to take outside risks.\\u201d - Mike Zlotnik\\n\\u201cThat\\u2019s why you\\u2019re diversified.\\xa0 You don\\u2019t know what\\u2019s going to be a home run, what\\u2019s going to be a complete collapse\\u2026 In the real estate, it\\u2019s very different.\\xa0 Collapses do happen, that's why you\\u2019ve got to kind of spread your risk.\\u201d - Mike Zlotnik\\n------------\\nConnect with Mike Zlotnik through TF Management Group, Facebook, Youtube, LinkedIn, and https://bigmikefund.com/.\\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes"