What mindset does it take to get back on your feet from your investing failures? Today, Mike Ealy joins us to tell his story of massive success to sudden downfall, how he won his life back, and now making millions from his investments.

We also talk about why he’s diversifying his portfolio from apartments to hotels, his expert insights on the current state of the market, and the one thing that made him broke and investors must avoid. Get ready for another meaningful episode! 

Key Points & Relevant Topics

• Mike’s investing journey from 1999 and realization of the power of real estate
• Why you should avoid overleveraging in real estate
• The investment strategy that helped Mike bounce back from his failure
• Moving forward and keep going despite life’s toughest moments
• Ways to find opportunities in the current market condition
• Mike’s insights on the impact of the changing economy, the future of commercial real estate, and affordable housing
• Is it a good idea to diversify your investments into different asset classes?
• Qualities and skills investors must possess to succeed in real estate

Resources & Links

• To purchase Mike Ealy’s book “From Broke to Millions,” go to https://frombroketomillions.com/optin-419996821597688785464 
• Nothing Down How to Buy Real Estate with Little or No Money Down by Robert G. Allen
• Apartment Syndication Due Diligence Checklist for Passive Investor

About Mike Ealy

Mike Ealy is a real estate investor, author, and coach. He has developed Nassau Investments into one of the key development firms in the Cincinnati area. Over an extreme 20-year period, Mr. Ealy has applied his knowledge of property and asset management to negotiate hundreds of successful real estate transactions. Mike’s strength is identifying the right projects, developing a clear vision, and then putting together the right team to specifically execute each project. Mike has a real estate portfolio of 200 million inclusive of hotels, apartments, industrial, and developments.  

Mike also coordinates with local community organizations, municipalities, and developers to create partnerships to move forward TIF, New Market Tax Credit, Low Income Tax Credit, stalled and privately funded projects. He has been an effective mediator, continuously able to gain community support and move forward stalled local development projects.  

Mike is the author of the book “From Broke to Millions” where he shows people how we went from losing everything in the early 2000’s to being financially free within 4 years. Mike has a passion to teach others how they can reach financial success and to realize that “They are One Big Deal away from Changing their Life.” 

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