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134 Doors in 3 Years - Money Conversations with CFO Michael Glaspie for RE Investors
Ep. 8 134 Doors in 3 Years - Money Conversations with CFO Michael Glaspie for RE Investors
Ep. 8 134 Doors in 3 Years - Money Conversations with CFO Michael Glaspie for RE Investors
Let’s dive into money conversations! In this episode of Aid to Assets, Host Tiffany Watson is with Michael Glaspie, Fractional CEO for small business owners through his business G2businesssolutions, co-team lead for the Five Pillars Team at eXp Realty.
Mike guides us through his inspiring story, tracing his path from dedicated military service to becoming a real estate investor. With an impressive portfolio of 134 units and a team of over 150 agents, he reveals the strategies he used to leverage his military background and VA loans to kickstart his real estate career. From running numbers and building a reliable team to understanding financing options and the benefits of owning investment real estate, Mike provides valuable insights for anyone looking to enter the world of real estate investing.
Listen now to discover how his journey can help guide your own!
Key Takeaways
Key Takeaways
00:00:00 Aid to Assets Introduction
00:02:25 Growing a massive real estate portfolio
00:05:24 GOAL: 100 doors in less than ten years
00:07:10 Discovering House Hacking
00:09:03 Asking the right questions
00:10:12 Favorite podcasts and books
00:12:34 Closing deals while deployed
00:18:12 The logical approach to investing
00:20:11 Acquisition costs and total investment
00:21:32 Investment goals and risk factors
00:27:51 Knowing where the money comes from
00:29:20 Strategy for Real Estate Investing
00:34:39 Refinancing Rental Properties
00:36:57 Power of Real Estate Investing
00:38:30 Forcing equity and appreciation
00:42:14 From one property to multiple properties
00:46:23 Commercial and residential real estate
00:47:56 The Role of a Fractional CFO
00:52:37 How to treat other people
Quotes
Quotes
"When you have intention and focus, every step you take is toward the goal." (00:06:22)
"If we don't do anything at all, or if we try to take this drastic step and then crash and burn, we could end up all the way back, or perhaps even in a worse situation than when we started." (00:11:41)
"Once you get in and you get that first property under your belt, there's so much available to you that you can do." (00:41:47)
"I've personally felt more fulfilled over these past couple of years than I have in the past ten years." (00:53:42)
Connect With Michael Glaspie
Connect With Michael Glaspie
Resources and Links
Resources and Links
Let’s Chat About Your Goals!
Let’s Chat About Your Goals!
Book a Call Here: https://calendly.com/aidtoassets
Connect With Tiffany 🎙️
Connect With Tiffany 🎙️
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