#147: Michael Hopkins: On A Path To Breaking Up With His 9-5 Job
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#147: Michael Hopkins: On A Path To Breaking Up With His 9-5 Job
On this episode Gary chats with Michael Hopkins, the owner of ELMM Properties. He\\u2019s working on his second property at the moment, and has been dealing with floods and asbestos removal, not what any investor wants deal with, but he\\u2019s powering through it chasing the perfect BRRRR. Gary and co-host Quinton Cordick chat with Michael about how he got into Real Estate investing and why he chose it; his fears before he started; why he loves his day job but is transitioning into being a full time investor, even with the challenges of his second property, and why anyone can do this too!
WHAT YOU\\u2019LL LEARN:
- HIs journey to real estate investing while holding a full time job
- Why he LOVES what he does, but doesn\\u2019t like going into an office for 9-5
- How his mindset has shifted and overcame his fears
- Who coaching accelerated his learning and effectiveness
- The perfect BRRRR
- How and why you should educated yourself on real estate
- Why he didn\\u2019t know anything about credit or what a HELOC was
- Why he journals EVERY SINGLE DAY
- Why he does JVs and off market deals
- The CRAZY rents he is getting
- The power of OPM - Other People\\u2019s Money
- Why you need to get creative with financing\\xa0 and why you don\'t need your own money
- How to work out EVERY SINGLE DAY
- And MORE!
Michael\\u2019s Bio
Real Estate Investor.\\xa0 Helping others achieve wealth through strategic real estate purchases.
Website/contact info for guest
Insta: https://www.instagram.com/elmm_properties/
Website https://www.elmmproperties.com/
Facebook https://www.facebook.com/ELMM-Properties-109103861328993
This episode proudly sponsored by Brian Daley @ AGHI Home Inspections.
Whether buying or selling a property, AGHI recognizes that the process can be stressful. It is critical that any decision you make be one that is based on knowing all of the facts. Purchasers, vendors, insurance companies and lending institutions have come to recognize the professionally trained residential home inspector as a credible source of key information vital to making these decisions, and AGHI has been doing it for over 15 years!
Contact http://www.bookahomeinspection.com\\xa0 or call (416) 526-7482
Real Estate Investment Club visit\\xa0https://www.smarthomechoice.ca
Gary\'s mentorship program visit\\xa0https://garyhibbert.ca
Start your own Podcast visit\\xa0https://www.podcastexperts.ca
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